ReNew Global Energy plc has received a revised acquisition proposal from a consortium led by Masdar, offering US$8.15 per share, reflecting a 41.5% premium over the average share price, aimed at consolidating its ownership and enhancing growth in India's clean energy sector.

Target Information

ReNew Global Energy plc, hereinafter referred to as ReNew, is a significant player in the decarbonization solutions sector, listed on Nasdaq under the symbols RNW and RNWWW. As of August 13, 2025, ReNew's portfolio boasts approximately 18.2 gigawatts of clean energy capacity, making it one of the largest independent power producers globally. The company specializes in providing comprehensive solutions that encompass clean energy generation, value-added offerings through digitalization, energy storage, and engagement in carbon markets, all of which are vital to tackling climate change.

Industry Overview in India

India's clean energy sector has witnessed substantial growth and transformation in recent years, driven by government initiatives and advancements in technology. Policymakers are increasingly emphasizing renewable energy as a crucial component of the nation's energy strategy, aiming for a target of 500 GW of non-fossil fuel capacity by 2030. This ambitious goal signals a strong commitment to reducing carbon emissions and addressing climate change.

Investments in renewable energy sources such as solar and wind have soared, reflecting India's potential in harnessing its abundant natural resources. The government has implemented various policies to facilitate growth in the sector, including tariff incenti