CPPIB Invests $144 Million in ReNew Power for a 6.3 Percent Stake

The Investment comes as ReNew Power puts its financial house in order eying a future IPO

January 23, 2018

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The Canada Pension Plan Investment Board (CPPIB) has acquired a 6.3 percent stake in Indian renewable energy project developer ReNew Power from the Asian Development Bank (ADB) for $144 million.

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Saumy Prateek

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CPPIB Invests $144 Million in ReNew Power for a 6.3 Percent Stake

Continue Reading with Premium Access

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