{"id":402015,"date":"2021-02-25T11:49:35","date_gmt":"2021-02-25T06:19:35","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=402015"},"modified":"2021-02-25T11:49:35","modified_gmt":"2021-02-25T06:19:35","slug":"goldman-sachs-backed-renew-power-to-go-public-in-us-via-8-bn-spac-deal","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/goldman-sachs-backed-renew-power-to-go-public-in-us-via-8-bn-spac-deal\/","title":{"rendered":"Goldman Sachs-backed ReNew Power to go public in US via $8-bn SPAC deal"},"content":{"rendered":"<p>India&#8217;s largest renewable energy firm ReNew Power said on Wednesday it would go public through an $8 billion merger with a blank-check firm in the biggest deal in the fast-growing clean energy sector in the country.<\/p>\n<p>The deal will be financed with cash proceeds of $1.2 billion, including $855 million in investments from serial blank-check dealmaker Chamath Palihapitiya, funds managed by BlackRock and Sylebra Capital.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s largest renewable energy firm ReNew Power said on Wednesday it would go public through an $8 billion merger with a blank-check firm in the biggest deal in the fast-growing clean energy sector in the country. The deal will be financed with cash proceeds of $1.2 billion, including $855 million in investments from serial blank-check dealmaker Chamath Palihapitiya, funds managed by BlackRock and Sylebra Capital.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-402015","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/402015","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=402015"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/402015\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=402015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=402015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=402015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}