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Goldman-based ReNew Power to merge with RMG II
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Goldman-backed ReNew Power agrees to merge with RMG II SPAC
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(Photo: Mint)
. Updated: 24 Feb 2021, 05:40 PM IST Bloomberg
The deal will give Goldman Sachs -backed ReNew an enterprise value of $8 billion and will close in the second quarter, according to a statement
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ReNew Power, India’s biggest renewable power producer, has agreed to merge with blank-check company RMG Acquisition Corp. II.
The deal will give Goldman Sachs Group Inc.-backed ReNew an enterprise value of $8 billion and will close in the second quarter, according to a statement published Wednesday.
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