ReNew Energy Global plc announced that the Consortium comprising Canada Pension Plan Investment Board and Founder Sumant Sinha reaffirmed its best and final non-binding proposal to acquire all outstanding shares not already held by them. The offer remains at US$7.02 per share, subject to a rollover arrangement. ReNew’s Special Committee, led by Manoj Singh and advised by Rothschild & Co and Linklaters, is actively evaluating the proposal with ongoing discussions. No assurance can be given regarding the likelihood or terms of a potential transaction. ReNew Energy Global plc operates in the renewable energy sector, providing clean power generation, storage solutions, and solar manufacturing.
