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Renew Power Likely To Raise Funds By Selling Assets After Dropping Ipo Plan | Business Standard News

by business-standard.com posted 3months ago 32 views
The company isn't alone in withdrawing plans for an IPO or considering an infrastructure investment trust. : India’s largest green energy company, ReNew Power, is considering raising funds through asset sales, after shelving plans for an initial public offering (IPO). Backed by Goldman Sachs Group, the company has renewable assets of over 7 gigawatts, of which more than 4 gigawatts are operational.

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