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Renew Power Acquires Ostro Energy | Business Standard News

by business-standard.com posted 11months ago 36 views
Clean energy company, ReNew Power today said it has acquired Ostro Energy for an undisclosed amount. "This strategic investment helps ReNew Power further consolidate its position in the fast-growing, Indian clean energy sector," the company said in a statement issued here. Concurrent with this transaction, Canada Pension Plan Investment Board (CPPIB) is investing an additional USD 247 million to support ReNew Power's financing for this acquisition.