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Key shareholders raise offer price to take ReNew private
Financial Express Chandigarh
|October 15, 2025
REVISED PROPOSAL GIVES 15.3% INCREASE OVER FIRST ONE
RENEW ENERGY GLOBAL on Tuesday announced that it had received a final nonbinding proposal from its key shareholders — Abu Dhabi Future Energy Company-Masdar, Canada Pension Plan Investment Board (CPPIB), Platinum Hawk, and Sumant Sinha, the founder, chairman and CEO of ReNew — to acquire the shares of the company for a consideration of $8.15 per share.
“This represents an increase of $1.08 per share, equivalent to 15.3%, from the initial nonbinding proposal dated December 10, 2024,” ReNew said.
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