Brookfield in talks to invest $800 million in ReNew Power
MUMBAI: Canadian asset management firm Brookfield is in talks to invest $800 million in India’s largest green energy company ReNew Power, said two people familiar with the development. Brookfield, which is currently conducting due diligence, would be providing partial exit to Goldman Sachs. The US investor owns over 48% in ReNew Power.
“The deal could be concluded in the next few months as it suits the narratives of both the buyer and the seller. This could be one of the biggest deals in the space. Many global investors are looking at this space in view of its potential,” said a person close to the development.
