Ten years after Fukushima nuclear disaster, Japan finding path to renewable energy future
japantimes.co.jp - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from japantimes.co.jp Daily Mail and Mail on Sunday newspapers.
ReNew Power, India’s leading renewable energy company, to publicly list through business combination with RMG Acquisition Corporation II in $8 billion transaction 26th February 2021
ANTARA/Business Wire
• 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
• Total anticipated proceeds of $1.2 billion, comprised of $855 million, upsized, fully-committed private placement of common stock in ReNew Power (the “PIPE”) and $345 million of gross cash held in trust by RMG II, subject to redemptions; anticipated net primary proceeds of approximately $610 million t
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
Nearly 300 delegates from across Asia and North America joined the Wood Pellet Association of Canada (WPAC)’s first-ever Asia Wood Pellet Conference, highlighting the rapid and exciting expansion of pellet production and green energy demand in Canada and key Asian markets.
WPAC, together with
Canadian Biomass magazine and Canada’s embassies in Japan and South Korea and its trade office in Taiwan, hosted a live online conference called,
Energizing Asia with Sustainable Low-Carbon Biomass, on Feb. 17 (Japan Standard Time). Scientists, energy producers, government regulators and forest managers shared insights on the important role of sustainable wood biomass in meeting global greenhouse gas targets, and the data and research that supports the use of wood pellets as a green energy source.
vimarsana © 2020. All Rights Reserved.