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Goldman-backed ReNew Power to list on NASDAQ at $8 billion valuation

To partner with RMG Acquisition Corporation for private investment in public equity

Topics
ReNew Power | Goldman Sachs | Nasdaq

Shreya Jai  |  New Delhi 



ReNew entered Indian bond market in 2015 with three issuances of Rs 400 cr, Rs 280 cr and Rs 451 cr
ReNew has recently ventured into newer areas such as solar manufacturing, power transmission, and power distribution.

promoted renewable power generation company will list on through a business combination with RMG Acquisition Corporation II (RMG II). The pro forma consolidated and fully diluted enterprise value is expected to be close to $8 billion.

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First Published: Wed, February 24 2021. 19:36 IST

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