ReNew Power likely to have priced its dollar bonds

ReNew Power, a renewable energy power producer, is likely to have priced its dollar-denominated bonds on Tuesday, through which the firm could raise close to $400-450 million, according to latest information provided by sources till the time of going to press.

ReNew Power develops, builds, owns and operates utility-scale wind and solar energy projects as well as distributed solar energy projects that generate energy for commercial and industrial customers. As of December 2019, ReNew had a total capacity exceeding 8 GW of wind and solar power assets across the country, including commissioned and under-development projects, the company’s website stated.

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