ReNew Secures $95 Million Investment for Commercial and Industrial Platform
ByAinvest
Monday, Mar 16, 2026 4:47 am ET1min read
RNW--
ReNew Energy Global Plc, a decarbonization solutions company, has secured $95 million in equity investment for its commercial and industrial platform, ReNew Green Energy Solutions Private Limited. The investment is led by LeapFrog Investments and co-investors Emerging Market Climate Action Fund and Carlyle AlpInvest. The funds will help ReNew expand its renewable energy solutions for commercial and industrial customers in India, where the sector accounts for 50% of the country's electricity consumption and is expected to grow to over 5 billion tCo2e by 2050.
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