ReNew (ReNew Energy Global Plc, formerly ReNew Power) is one of India's largest renewable energy independent power producers (IPPs), founded by Sumant Sinha in 2011. The company develops, builds, owns and operates utility-scale wind and solar power projects, along with hydro and battery energy storage, with a portfolio spanning operational and pipeline capacity across multiple Indian states. ReNew became publicly listed on the Nasdaq in August 2021 via a SPAC merger with RMG Acquisition Corporation II, trading under the ticker RNW.
ReNew Power Ventures is publicly traded
This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2011
Employees
1,001–5,000
Total Funding
$1.95B
11 rounds
Entered scheme of arrangement to be taken private by CPP Investments/Sumant Sinha consortium at $7.02/share cash.
Sets a firm cash exit price (~14.5% premium) and rollover option ahead of take-private close.
Agreed take-private of ReNew Energy Global by CPP Investments and CEO Sumant Sinha at $7.02/share cash (~$10.2B EV); completion expected Q1 2027.
Cash-out at fixed price caps upside; Nasdaq delisting expected after close.
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $1.95B across 11 rounds
Last updated 10-12-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Mar 2, 2023 | Secondary (CPP Investments purchase of Goldman Sachs' remaining stake) | $269M | — | Canada Pension Plan Investment Board |
| Feb 16, 2022 | Secondary (CPPIB purchase from Goldman) | $139M | — | Canada Pension Plan Investment Board |
| Jan 2020 | Debt / Dollar bonds | $450M | — | Institutional bond investors |
Sumant Sinha
Founder, Chairman and CEO
Vaishali Nigam Sinha
Co-Founder & Chairperson, Sustainability
Kailash Vaswani
Chief Financial Officer
ReNew has traded on the Nasdaq Global Select Market as ReNew Energy Global plc (RNW) since 24 August 2021, after its business combination with the SPAC RMG Acquisition Corporation II. On 11 August 2026 it agreed to be taken private by a consortium of CPP Investments, its majority shareholder, and founder, chairman and CEO Sumant Sinha at US$7.02 per share in cash (a deal reported at about US$10.2 billion enterprise value), with non-consortium shareholders able to elect to roll over instead. The deal is a UK scheme of arrangement and a Schedule 13E-3 transaction statement has since been filed with the SEC; it still needs approval at the court meeting, UK court sanction and regulatory clearances, and is expected to complete in the first quarter of 2027, after which the shares would be delisted from Nasdaq. An earlier take-private attempt lapsed in December 2025 when Masdar withdrew. As of 12 October 2026 the shares remain listed and the acquisition has not closed.
ReNew Power Ventures shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker to place an order.
ReNew Power Ventures raised $1.95B across 11 disclosed funding rounds prior to its public listing.
ReNew Power Ventures was co-founded by Sumant Sinha, and Vaishali Nigam Sinha in 2011.
ReNew Power Ventures is headquartered in Gurugram, Haryana, India.
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