ReNew Secures $95 Million Equity Investment From LeapFrog-Led Consortium to Expand its Commercial & Industrial Platform
ReNew Energy Global Plc (“ReNew” or the “Company”), a leading decarbonization solutions company announces that its commercial and industrial platform, ReNew Green Energy Solutions Private Limited (“ReNew Green”) has secured $95 million equity investment. The investment is led by LeapFrog Investments, the pioneering Profit with Purpose investor, which has directly committed $50 million, with the balance from co-investors Emerging Market Climate Action Fund (“EMCAF”) and Carlyle AlpInvest.
Source: Business Wire (link opens in a new window)
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