ReNew Energy Sells 11% Stake in C&I Unit for $95 Million
ByAinvest
Monday, Mar 16, 2026 3:03 pm ET1min read
RNW--
ReNew Energy has sold an 11% stake in its commercial and industrial power generation unit to three investors for $95 million, valuing the unit at $850 million. The new investors include LeapFrog Investments,, and. The deal is expected to help ReNew deepen its ability to provide reliable and cost-competitive renewable power to leading businesses across sectors.
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