ReNew Power Secures $450 Mn Funds Through Dollar Bonds

Date posted: Thursday 23 January 2020

Continuing its streak of big investments, clean energy startup ReNew Power has raised $450 Mn funding through a dollar bond issuance. ReNew Power is planning to use this funding to refinance its previous borrowing, which will be maturing next year. Moreover, $65 Mn of the funding will be used to meet its future capital requirements.

(Inc42)