Power Today |
Advertise Here [728 W x 90 H pixels]
News Brief | September 2015

ReNew Power in talks with PE firm to raise $200 million

ReNew Power Ventures Pvt. Ltd, in which Goldman Sachs Group Inc. has a majority stake, is in advanced talks with Switzerland-based private equity (PE) firm Partners Group AG to raise $150-200 million to generate 400 MW of solar power.
Founded by Sumant Sinha in 2011, ReNew Power has close to 600 MW of installed and operational clean energy capacity across Maharashtra, Rajasthan, Karnataka, Gujarat, Madhya Pradesh and Haryana.
PE firms are increasingly interested in India, with the govt. target set for 100 GW of solar and 60 GW of wind power by 2022.
ReNew Power has a portfolio of 14 operational wind power projects located in four states that are capable of generating close to 545 MW, besides a pipeline of close to 250 MW in solar power projects across India.
Post your comment
Verification Code:   Change Image


Posted Comment
1 .     Yogesh Says:
17 Oct 2016
I wish to start pvc / pp electric wire unit in Delhi. What kind of information I can get if I subscribe for your magazine

2 .     Sarfaraj Bilakhiya Says:
20 Sep 2016
Pls invite me all auction in gujarat

3 .     k.natarajan Says:
20 Jun 2016
we are doing business developing for solar power ,thermal power , customer supporting and we have 45 mw splar power on hand needs investors..... thanks lot pls call +910842559230 +919842753550

Advertise Here [728 W x 90 H pixels]