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ReNew Power Announces Its Addition to the World Economic Forum's Global Lighthouse Network of Companies Leading in the Area of Technology-Enabled, Sustainable Growth |


NEW DELHI (BUSINESS WIRE) Mar 15, 2021
ReNew Power (“ReNew” or “the Company”), India’s leading renewable energy company, today announced that it has been named to the World Economic Forum’s (WEF) Global Lighthouse Network, which recognizes companies using new technologies to achieve environmentally sustainable, community supportive, profitable growth. In announcing ReNew’s appointment, the WEF specifically noted the Company’s recent investments in digital analytics and machine learning to increase the power yield, and decrease the downtime, of its solar and wind generation assets, as factors in its appointment. ReNew is one of only two Indian companies to be recognized by the Global Lighthouse Network this year. ....

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ReNew Power, India's leading renewable energy company, to publicly list through business combination with RMG Acquisition Corporation II in $8 billion transaction


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 approximat ....

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ReNew Power, India's Leading Renewable Energy Company, to Publicly List through Business Combination with RMG Acquisition Corporation II in $8 Billion Transaction


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 ....

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ReNew Power's Gift Warmth campaign extends to 6 states across India


ReNew Power s Gift Warmth campaign extends to 6 states across India
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- 50,000 Blankets to be distributed across Delhi-NCR, UP, Haryana, Gujarat, Rajasthan, and MP
GURGAON, India, Jan. 13, 2021 /PRNewswire/ ReNew Power, India s largest renewable energy company today announced that the 6th edition of its Gift Warmth campaign is going to cover 6 states across India. Under this campaign, ReNew Power is distributing 50,000 blankets across Delhi- NCR, UP, Haryana, Gujarat, Rajasthan, and MP.
Ms Vaishali Nigam Sinha, Chief Sustainability Officer of ReNew Power donating blankets to the needy as part of Company’s Gift Warmth Campaign. ReNew Power is aiming to distribute 50,000 blankets under this campaign across 6 states. ....

Vaishali Nigam Sinha , Goldman Sachs , Power Private Limited Is India , Chief Sustainability Officer , Renew Power , New Power , Renew Power Private Limited , Independent Power Producer , Renew Power Limited , வைஷாலி நீகம் சீன்ஹா , கோல்ட்மேன் சாக்ஸ் , பவர் ப்ரைவேட் வரையறுக்கப்பட்டவை இருக்கிறது இந்தியா , தலைமை நிலைத்தன்மை அதிகாரி , புதுப்பித்தல் பவர் , புதியது பவர் , புதியது பவர் ப்ரைவேட் வரையறுக்கப்பட்டவை , சுயாதீனமான பவர் ப்ரொட்யூஸர் , புதுப்பித்தல் பவர் வரையறுக்கப்பட்டவை ,