ReNew Energy Global plc (RNW) Form 6-K — Aug 11, 2026
ReNew Energy Global plc announced on August 11, 2026 that it entered into a Transaction Agreement with Canada Pension Plan Investment Board (CPP Investments) and founder, Chairman and CEO Sumant Sinha to acquire all shares not already owned by the consortium for US$7.02 per share in cash. The deal is structured as a UK scheme of arrangement: non-consortium shareholders receive US$7.02 per share in cash unless they affirmatively elect to roll over and retain their shares, with U.S. rollover holders capped at 9.0% of outstanding shares and Indian-resident holders barred from electing rollover.
Key figures
- Gross assets
- INR 1,056,088,000,000
- Long stop date
- later of 31 March 2027 and 95 days following publication of the Scheme Circular
- Us rollover cap
- 9.0% of total issued and outstanding shares
- Warrant strike price
- US$11.50 per 1.0917589 Class A Ordinary Shares
- Identified clearances
- ["Indian Competition Approval","Belgian FDI Approval","French FDI Approval"]
- Fy2026 adjusted ebitda
- INR 98,503,000,000
- Consideration per share
- US$7.02 in cash
- Fx conversion assumption
- INR 95 per USD $1
- Max post scheme shareholders
- 200
- Shareholder approval threshold
- majority present and voting plus 75% in value of scheme shares
AI analysis
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