Goldman-backed ReNew Power agrees to merge with RMG II SPAC Premium (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 Share Via Read Full Story 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. TRENDING STORIESSee All 1 min read 1 min read