Vuélvete ilimitado con Magzter GOLD
Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo
Intentar ORO - Gratis
BII Takes 10% Stake for $100 Mn in ReNew Arm
Mint New Delhi
|May 07, 2025
BII backs ReNew Photovoltaics in its first solar manufacturing bet in India
British International Investment (BII) has invested $100 million in the solar module and cell manufacturing subsidiary of Nasdaq-listed ReNew Energy Global Plc. The UK government entity will acquire a 10% stake in ReNew Photovoltaics Ltd, valuing the subsidiary at $1 billion, according to a filing with the Securities and Exchange Commission.
The investment will be deployed towards adding 4 gigawatts of solar module and cell manufacturing capacity. ReNew has 6.4 GW of module capacity and 2.5 GW of cell capacity. The cumulative capacity of ReNew will be about 13 GW following the capacity addition.
Esta historia es de la edición May 07, 2025 de Mint New Delhi.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Mint New Delhi
Mint New Delhi
CANADA'S STARTUP VISA: PUTTING LIVES ON HOLD
Legal uncertainty has left entrepreneurs stuck despite building businesses and putting down roots
8 mins
November 28, 2025
Mint New Delhi
Gupta pilfered from fraud, Trafigura says
Commodity trader Trafigura's lawyers accused Indian businessman Prateek Gupta on Thursday of siphoning off funds from an alleged $600 million metals fraud to prop up his struggling business empire.
1 min
November 28, 2025
Mint New Delhi
Why TCS is walking a tightrope
Tata Consultancy Services Ltd recently outlined an ambitious multiyear $6-7 billion investment plan to build artificial intelligence (AI)-focused data centres and is already making progress in that area.
2 mins
November 28, 2025
Mint New Delhi
Can a dictionary make sustainability simpler?
A new guide aims to bring clarity to sustainability in fashion but it has to be available to everyone, from designers to customers
3 mins
November 28, 2025
Mint New Delhi
Of Marathi plays, picnic in the park
A Mint guide to what's happening in and around your city
1 min
November 28, 2025
Mint New Delhi
Beyond the stock slump—Kaynes’ $1 bn aim is just the start
Shares of Kaynes Technology India Ltd have fallen about 25% from their peak of ₹7,705 in October, amid a management reshuffle and the expiry of the lock-in period for pre-IPO shareholders.
1 mins
November 28, 2025
Mint New Delhi
Avaada to invest ₹1 trillion in 5 years
Renewables-focused Avaada Group is aiming to invest ₹1 trillion across the country over the next five years as part of its expansion into both power generation and associated businesses.
1 min
November 28, 2025
Mint New Delhi
VentureSoul closes first debt fund at ₹300 crore
VentureSoul Partners has announced the close of its maiden debt fund at ₹300 crore, with plans to raise an additional ₹300 crore through a green shoe option by February 2026.
1 min
November 28, 2025
Mint New Delhi
New MF distributor incentives introduced
Mutual fund distributors will now earn additional incentives for bringing in first-time investors from B-30 (beyond the top 30) cities and for onboarding new women investors from any city, under Securities and Exchange Board of India's (Sebi) revised incentive framework.
1 min
November 28, 2025
Mint New Delhi
Catamaran to boost manufacturing bets
Catamaran is focused on a few areas in manufacturing, such as aerospace
2 mins
November 28, 2025
Listen
Translate
Change font size