मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
BII Takes 10% Stake for $100 Mn in ReNew Arm
Mint Chennai
|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.
यह कहानी Mint Chennai के May 07, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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