Welcome to our dedicated page for Renew Energy Global Plc news (Ticker: RNW), a resource for investors and traders seeking the latest updates and insights on Renew Energy Global Plc stock.
ReNew Energy Global Plc (RNW) is a leading renewable energy developer driving India's transition to sustainable power through wind, solar, and hydro projects. This page provides investors and stakeholders with centralized access to official company announcements and strategic developments.
Track RNW's progress through verified press releases covering quarterly financial results, new project commissions, and sustainability initiatives. Our curated news collection includes updates on transmission infrastructure expansions, technological innovations in energy storage, and partnerships advancing clean energy adoption.
Stay informed about critical developments including regulatory compliance updates, operational milestones, and market expansion strategies directly from the source. All content is vetted for accuracy and presented in chronological order to help users analyze trends in the company's renewable energy operations.
Bookmark this page for real-time updates on RNW's contributions to India's renewable energy targets and evolving clean energy landscape. Check regularly for insights into operational efficiency improvements and environmental impact initiatives shaping the company's growth trajectory.
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 $6.34.
The Special Committee, led by Lead Independent Director Manoj Singh and consisting of six independent directors, is evaluating the offer with advisors Rothschild & Co and Linklaters LLP. The committee will update the market on the potential transaction, though no assurance is given regarding its likelihood or final terms.
ReNew Energy Global (Nasdaq: RNW) reported Q3 FY25 financial results, highlighting a 25.5% year-over-year increase in commissioned capacity to ~10.7 GWs. The company's total portfolio expanded to ~17.4 GWs from ~13.8 GWs year-over-year. Total revenue for Q3 FY25 reached INR 21,198 million (US$ 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 $7.07 per share in cash.
In response, ReNew's Board has formed a Special Committee led by Lead Independent Director Manoj Singh, comprising six independent non-executive directors. The committee will evaluate all strategic capitalization opportunities, including this proposal, and has retained Rothschild & Co as financial advisor and Linklaters LLP as legal counsel.
ReNew Energy Global (Nasdaq: RNW) reported strong Q2 FY25 results with a 31% YoY increase in net profit to INR 4,939 million (US$ 59 million). The company's portfolio expanded to ~15.6 GWs, up from ~13.8 GWs YoY, with commissioned capacity growing 21.8% to ~10.1 GWs. Total revenue reached INR 29,887 million (US$ 357 million), while Adjusted EBITDA rose to INR 24,209 million (US$ 289 million). ReNew reiterated its FY25 guidance, expecting to complete 1,900-2,400 MWs construction and achieve Adjusted EBITDA of INR 76-82 billion.