Renew Energy Global Plc Stock Price, News & Analysis

ReNew Energy Global Plc (NASDAQ: RNW) has announced the filing of its annual report on Form 20-F for the fiscal year ended March 31, 2025 with the U.S. Securities and Exchange Commission (SEC). The report is now accessible through the company's investor relations website and the SEC's website.

Shareholders can request free hard copies of these documents from the company. This filing represents ReNew's compliance with SEC regulations for foreign private issuers listed on U.S. exchanges.

ReNew Energy Global Plc (NYSE:RNW) has received a final non-binding offer from a consortium including Masdar, CPP Investments, ADIA, and CEO Sumant Sinha to acquire all remaining shares at $8.00 per share. The offer represents a 13.2% increase from the initial December 2024 proposal and a 26.2% premium to the undisturbed share price of $6.34.

The Special Committee, led by Lead Independent Director Manoj Singh and consisting of six independent directors, is evaluating the offer with advisors Rothschild & Co and Linklaters LLP. The committee will update the market on the potential transaction, though no assurance is given regarding its likelihood or final terms.

ReNew Energy Global (RNW) reported strong Q4 FY25 results with net profit surging 4x to $37 million from $7 million in Q4 FY24. Total revenue reached $403 million, up from $290 million YoY. The company's portfolio expanded to ~18.5 GW, with commissioned capacity increasing 12.4% YoY to ~10.7 GW. Manufacturing operations contributed significantly, with $116 million in Q4 revenue. For FY25, total revenue was $1.277 billion with net profit of $54 million. The company received a non-binding offer from a consortium including Masdar, CPP Investments, and ADIA to acquire remaining shares at $7.07 per share. FY26 guidance projects Adjusted EBITDA of INR 87-93 billion and Cash Flow to Equity of INR 14-17 billion, with plans to complete 1.6-2.4 GW of construction.

ReNew Energy Global plc (NASDAQ: RNW), India's leading renewable energy company, has scheduled its Q4 FY25 and full fiscal year 2025 earnings release for June 16, 2025, before Nasdaq's market opening. The company will host a conference call to discuss the results at 8:30 AM EST (6:00 PM IST) on the same day. The earnings discussion will be accessible via live webcast and through toll-free phone numbers across multiple countries including US/Canada, France, Germany, Hong Kong, India, Japan, Singapore, Sweden, and the UK. An audio replay will be made available post-call on ReNew's investor relations website.

ReNew Energy Global (RNW) has secured a $100 million investment from British International Investment (BII) for its solar manufacturing subsidiary, ReNew Photovoltaics. This marks BII's first investment in Indian solar manufacturing, with BII acquiring a minority stake. The funds will primarily support the construction of a new 4 GW TOPCon cell facility in Dholera, Gujarat. ReNew Photovoltaics currently operates a 6.4 GW solar PV module facility and a 2.5 GW solar cell facility. Post-expansion, total capacity will reach 6.4 GW for both modules and cells. The expansion will create over 2,000 new jobs and boost domestic production. The facilities, with annual output of 4.0-4.5 GW of modules, have already supplied 900 MW to third parties and secured additional orders of 1.5 GW, including partnerships with NTPC and Shakti Pumps.

ReNew Energy Global (Nasdaq: RNW) reported Q3 FY25 financial results, highlighting a 25.5% year-over-year increase in commissioned capacity to ~10.7 GWs. The company's total portfolio expanded to ~17.4 GWs from ~13.8 GWs year-over-year. Total revenue for Q3 FY25 reached INR 21,198 million (US$ 248 million), up from INR 19,290 million in Q3 FY24.

The company reported a Q3 FY25 net loss of INR 3,879 million (US$ 45 million), while Adjusted EBITDA improved to INR 13,882 million (US$ 162 million). A non-binding offer of $7.07 per share was received from a Consortium including CPP Investments, ADIA, Masdar, and the CEO to acquire remaining shares.

ReNew revised its FY25 guidance due to lower resource availability, now expecting Adjusted EBITDA of INR 74-78 billion and CFe of INR 11-13 billion, with planned installations of 1,900-2,400 MWs by FY25 end.

ReNew Energy Global (NASDAQ: RNW, RNWWW), India's leading renewable energy company, has scheduled its third quarter fiscal year 2025 earnings report release for February 18, 2025, after Nasdaq's close. The company will host a conference call on February 19, 2025, at 8:30 AM EST (7:00 PM IST) to discuss the earnings results.

The conference call will be accessible via live webcast and through toll-free phone numbers across multiple countries, including the US, France, Germany, Hong Kong, India, Japan, Singapore, Sweden, and the UK. An audio replay will be made available on ReNew's investor relations website following the call.

ReNew Energy Global (NASDAQ: RNW) has achieved a significant milestone by securing the highest score for a pure-play renewable energy company in India's power sector in the S&P Global Corporate Sustainability Assessment (CSA). The company scored 71 out of 100, marking a remarkable ~30% improvement from its previous score of 55 in FY 2023.

This achievement positions ReNew in the top 10 percentile of the global energy sector, making it one of only two energy companies in India to exceed the '70' score threshold. The company's success is attributed to its focus on sustainable practices, transparency, and strong ESG culture.

Additionally, ReNew has recently signed three Power Purchase Agreements (PPAs) with a combined Renewable Energy capacity of ~1.1 GW, expanding its total portfolio to 17.4 GW on a gross basis. These agreements include a 50 MW solar PPA with SECI, a 200 MW RTC PPA with REMCL, and a ~250 MW FDRE PPA with NHPC

ReNew Energy Global Plc (NASDAQ: RNW) has received a non-binding proposal from a Consortium including Masdar, CPP Investments, ADIA subsidiary Platinum Hawk, and ReNew's Founder/CEO Sumant Sinha. The Consortium proposes to acquire all remaining shares not already owned by its members for $7.07 per share in cash.

In response, ReNew's Board has formed a Special Committee led by Lead Independent Director Manoj Singh, comprising six independent non-executive directors. The committee will evaluate all strategic capitalization opportunities, including this proposal, and has retained Rothschild & Co as financial advisor and Linklaters LLP as legal counsel.