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The parent company, ReNew, has provided a corporate guarantee for the full amount raised by the SPV. The corporate guarantee is unconditional, irrevocable, and legally enforceable, according to a rating report by Care Ratings. ....
India Grid Trust (IndiGrid), an infrastructure investment trust controlled by private equity firm KKR, has struck a deal with US-listed green energy firm ReNew Power .. ....
Auto manufacturer Renault is planning to launch five new products in the next three years in India. On Tuesday, Renault rolled out five new variants across its three models Kwid, Triber and Kiger as it looks to expand its customer base. Renew will be a standalone brand offering certified used cars sales and purchase, to both Renault and non-Renault models, the automaker said. ....
India Grid Trust is an infrastructure investment trust (InvIT). The transaction is expected to close following power purchase agreement conditions. ....