CPPIB said to explore buying out ReNew Energy shareholdersDelisting of the Gurugram, India-based power producer will give CPPIB greater control over the firm that competes with deep-pocketed rivals...
24 Mar, 2023, 01.01 PM IST
CPPIB to buy Goldman's 14% stake in ReNew Energy Global for about $268 millionAfter the deal, the pension fund, one of the largest in the world, will become a majority shareholder in ReNew with a stake of over 51%. Th...
07 Mar, 2023, 05.31 PM IST
CPPIB infuses $400 m more in ReNew PowerCPPIB, an existing investor, has made a fresh $400 million investment to buy more shares from Goldman Sachs at $6.50 each. This takes CPPIB...
12 Nov, 2022, 06.49 AM IST
NTPC taps CPPIB, TAQA to sell green arm stakeNTPC has 2.3 GW renewable energy capacity under operation and 3.4 GW being built. It has a target of 15 GW renewable energy capacity by FY2...
17 Aug, 2022, 11.12 AM IST
Goldman sells part of stake in ReNew Power's US parentGoldman Sachs, the single-largest shareholder of ReNew Power, has pared its stake in ReNew Energy Global Power Plc, the Nasdaq-listed paren...
18 Feb, 2022, 06.16 AM IST
Mytrah Energy mulls selling assets in parts after multiple failed attempts to sell entire portfolio togetherMytrah has divided the 1.75 GW assets into for baskets where 422 MW solar projects will be sold as a single unit while wind assets will be ...
17 Aug, 2021, 09.27 AM IST
CPPIB edges ahead in race for SoftBank stake in SB EnergyCPPIB, one of the world’s biggest retirement funds, has entered into exclusive negotiations with SoftBank Group International to acquire it...
24 Oct, 2020, 06.47 AM IST
ReNew revives IPO plans, eyes overseas listing in London, NYSECo hopes to finalise $550-600 mn investment by PTT for a approx. 20% stake in coming weeks as a pre-IPO deal
19 Oct, 2020, 08.56 AM IST
Japanese group set to exit India renewables JV: CPPIB, Actis, Brookfield eye SoftBank's SBG stakeSoftBank is slated to shortlist one bidder this week and sign an “exclusivity” agreement for a round of final negotiations. Of the three, C...
12 Oct, 2020, 09.27 AM IST
CPPIB looks to go big on ReNew as Goldman cuts stakeAn existing investor, CPPIB is looking to raise its stake to over 40% by buying an additional 24% stake from Goldman Sachs Group, which had...
15 Feb, 2020, 10.04 AM IST
ReNew Power raises $300 million via rights issueEarlier this year, ReNew Power raised $350 million in debt funding from Overseas Private Investment Corp.
30 Jun, 2019, 02.06 PM IST
ReNew mops Rs 2,100 crore through rights issue to expand capacityOperating income at the consolidated level increased 88 per cent in FY18 to Rs 2,462 crore from Rs 1,307 crore in FY17.
28 Jun, 2019, 08.03 AM IST
ReNew Power to raise $300 million via rights issueIt is not clear if Japan's LNG major JERA, which has a 10 per cent stake in the company, will invest in this round.
31 May, 2019, 08.45 AM IST
Goldman Sachs, CPPIB, ADIA invest $300 mn into ReNew Power via rights issueProceeds from the issue may be used for financing business growth and repaying existing debt.
31 May, 2019, 07.18 AM IST
CPPIB in talks with Mytrah Energy for minority stakeThe company has 2 gigawatts of renewable energy capacity that’s operational and under development.
26 Jun, 2018, 12.01 AM IST
CPPIB to acquire ADB’s 6.3 per cent stake in ReNew powerReNew Power is a leading Indian renewable energy developer and operator with clean energy capacity diversified across wind, utility-scale s...
23 Jan, 2018, 07.39 AM IST
CPPIB to buy 15 per cent in ReNew PowerCPPIB is acquiring the stake in two transactions, it said in a filing. It has made a primary investment of about $200 million through compu...
29 Nov, 2017, 06.23 AM IST