ReNew Energy Global Divests 300 MW Solar Asset in Strategic Sale
ReNew Energy Global ( (RNW) ) just unveiled an announcement. ReNew Energy Global announced the sale of its subsidiary, ReNew Sun Waves Private Limited, which manages a 300 MW solar project in Jaisalmer, Rajasthan, to Anzen India Energy Yield Plus Trust. The transaction, valued at approximately $176 million, signifies a strategic move for ReNew to optimize its portfolio and potentially enhance its financial health through the sale, which includes an additional expected earn-out of $17 million con