RMG Acquisition Corporation II
ReNew Power, India’s Leading Renewable Energy Company, to Publicly List through Business Combination with RMG Acquisition Corporation II in $8 Billion Transaction
Wednesday, February 24, 2021 6:44PM IST (1:14PM GMT)
New York, United States & New Delhi, India:
ReNew Power, India’s leading renewable energy company, has entered into a definitive business combination agreement with RMG Acquisition Corporation II (“RMG II”); upon closing, the combined entity is expected to be listed on the NASDAQ under the new ticker symbol “RNW”
Pro forma consolidated & fully diluted enterprise value of approximately $8 billion; transaction expected to close in the second quarter of 2021, subject to customary closing conditions
Operator
Ladies and gentlemen, good day and welcome to the Wipro Limited Q3 FY 21 Quarterly Investor Conference Call. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes.
[Operator Instructions]. I now hand the conference over to Ms. Aparna Iyer, Vice President and Corporate Treasurer. Thank you, and over to you.
Aparna Iyer
Vice President and Corporate Treasurer
Thank you, Stanford. A very warm welcome to our quarter three FY 21 earnings call. We will begin the call with the Business Highlights and Overview by Thierry Delaporte, our Chief Executive Officer and Managing Director, followed by a Financial Overview from our CFO, Jatin Dalal. Afterwards, the operator will open the bridge for Q&A with our management team.