CPPIB to buy the stake for about $268 million
Tag: Sumant Sinha
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ReNew Power secures additional $350 million OPIC debt funding
ReNew Power, has secured fresh debt financing of up to $350 million from the Overseas Private Investment Corporation (OPIC), the US GovernmentÂ’s development finance institution.
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ReNew Power secures $390 million debt funding from ADB
Renewable energy firm ReNew Power Ventures Ltd has announced that it has secured long-term debt financing of $390 million (approximately Rs 2,650 crore) from Asian Development Bank (ADB).
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ReNew Power awards 50 MW turnkey wind project
ReNew Power, a renewable energy company, has placed a 50 MW turnkey project order to Gamesa. The order will be likely be commissioned by March 2017. Gamesa will supply 25 units of G114 - 2.0MW T106 turbines which will be set up at Amba, Madhya Pradesh.
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ReNew Power awards 50MW turnkey wind project order to Gamesa
ReNew Power, a renewable energy company, has placed a 50 MW turnkey project order to Gamesa. The order will be commissioned by March 2017. Gamesa will supply 25 units of G114 – 2.0MW T106 turbines which will be set up at Amba, Madhya Pradesh.
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Integral leadership
Sumant Sinha is the Chairman and CEO of ReNew Power. He brings his vast experience in the Indian renewable eneÂrgy space, international finance, comÂbined with unique operating experience to the firm. Prior to setting up ReNew Power, Sumant was the Chief Operating Officer (COO) of Suzlon Energy. Sumant was responsible for refinancing SuzlonÂ’s entire outstanding debt worth $3 billion, raised an additional $800 million and restructured $500 million worth of foreign convertible bonds in an extremel