ReNew to Sell 300 MW Solar Project to Anzen India for $176 Million

In addition to base transaction value, ReNew anticipates earning ~$17 million as an earn-out

December 24, 2024

/ Arjun Joshi
/ Finance and M&A, Solar
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Independent renewable power producer ReNew Energy has entered into a definitive agreement to sell its subsidiary, ReNew Sun Waves, which operates a 300 MW solar project in Jaisalmer, Rajasthan, to Anzen India Energy Yield Plus Trust.

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Arjun Joshi

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