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:
The New Power Corridor
Mumbaiâs Rooftop Solar Revolution: Tata Power Consumers Slash Bills by 50%
GAIL Posts âđ69.68 Billion Profit for FY2025-26 Amid Global Headwinds
RRP Defense Secures âđ298 Million BEL Order for Germanium Lenses
Noida International Airport: Indiaâs New Visiting Card
India, Korea Ink Landmark MoU for Thoothukudi Mega Greenfield Shipyard
Air India Slashes 29 International Routes Amid ATF Price Surge
WABAG, PEAK Partner on Ghaziabad Bio-CNG Plant to Boost Energy Security
DFCCIL, ICFAI Forge Partnership to Drive Innovation in Logistics
S&P Urges Breaking Barriers as India Growth Outlook Moderates
Bhutan, World Bank Seal $515 Million Pact for Dorjilung Hydropower
REC Posts Record âđ162.8 Billion Profit, Declares Highest Dividend
Indiaâs Infrastructure Investments to Surge 50% Despite Global Uncertainties: Crisil Ratings
Future of Himalayas White Paper Calls for Systemic Shift in Development and Resilience
Global Wind Installations Surge 40% as Sector Charts Path Beyond Energy Crisis
Siemens Ushers in Industrial AI Transformation with Eigen Engineering Agent at Hannover Messe
India and Asian Markets Adapt to Middle East LNG Disruption: S&P Global Energy
Polaris Smart Metering Secures $80 Million BII Financing to Accelerate Indiaâs Smart Meter Rollout
Delhi Airport Unveils MultiâLingual Passenger Guide Under #DELCares
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.