ReNew Power Ventures has launched a sale of bonds to overseas investors to raise $450 million. This will be a uniquely structured deal, where dollar-denominated bonds will be issued by an offshore entity unrelated to the company that will in turn invest in masala bonds issued by ReNew Power of the same value. The bonds are being issued by a Special Purpose Vehicle called Neerg Energy.
FlashNews:
Union Cabinet Clears $146 Million Delhi Metro Expansion, Adding 16 km and 13 Stations
Saleem Ahmad Takes Charge as RVNL CMD, Steering Shift to All‑Infra Vision
Clean Leap: Manohar Lal Inaugurates First Unit of 2,000 MW Subansiri Hydropower Project
DFCCIL Pushes Fast-Track Plan for Gati Shakti Cargo Terminals
Chhattisgarh, GAIL Ink MoU for 1.27‑Million‑Ton Gas‑Based Fertiliser Plant
Noida International Airport Taps Tech Mahindra for 24×7 Cybersecurity Command Centre
Centre Approves ₹8.87 Billion Mumbai Marina to Boost Coastal Shipping and Maritime Tourism
PM Surya Ghar Rooftop Solar Scheme Crosses 1.95 Million Installations, Delivers 770,000 Zero Bills
Waaree Gets ALMM-II Nod for 5.25 GW Solar Cells
Inox Wind Secures Repeat 100 MW Order from Jakson Green
SITA Strengthens India’s Digital Aviation Infrastructure as Passenger Growth Accelerates
India moved from power scarcity to sustainability, says Piyush Goyal
GM Rao Urges Andhra University Alumni to Drive Innovation, Entrepreneurship and India Growth Story
India Begins Hydrogen Car Trials as Minister Joshi Drives Toyota Mirai to Parliament
MNRE Refutes Financing Pause; Calls for Expansion into Upstream Solar Manufacturing
IndiGrid to Acquire Gadag Transmission for ₹3.72 Billion
India Launches First All‑Electric Tug at Deendayal Port, Accelerates Green Maritime Shift
Bharatmala Pariyojana Executes 61% of Phase‑I Highway Targets, Boosts Freight Speed and Connectivity
Waaree Tops India’s Solar Module Shipments in Q3 2025, Reinforces Global Competitiveness
Home » ReNew Power plans to raise $450 mn
ReNew Power plans to raise $450 mn
Power & New and Renewable Energy
February 1, 2017February 1, 2017
Leave a Reply
You must be logged in to post a comment.