ReNew and Asian Development Bank Announce US$331 million Deal for a Large-Scale Renewable Energy Project in Andhra Pradesh
ReNew Energy Global plc - Class A Shares (RNW)
Company Research
Source: Business Wire
Part of a US$477 million deal secured, ReNew will receive US$331 million from ADB, and the balance US$146 million will be arranged by ADB through other lendersProject expected to generate 1,641 GWh of clean energy annually, boosting grid stability and accelerating India’s energy transition GURUGRAM, India--(BUSINESS WIRE)--ReNew Energy Global Plc (NASDAQ: RNW), India’s leading renewable energy company and a preferred decarbonisation partner, today announced that it has secured US$331 million from the Asian Development Bank (ADB). This is a part of a US$477 million financial package secured that will support the development of a large-scale clean energy project in Andhra Pradesh. The balance US$146 million will be arranged by ADB through other lenders. The project integrates 837 MWp of wind and solar capacity with a 415 megawatt-hour (MWh) battery energy storage system (BESS). Designed to deliver 300 MW of peak power along with dependable baseload supply, the project will significan
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RNW
Earnings
- 11/10/25 - Beat
RNW
Sec Filings
- 12/2/25 - Form 6-K
- 12/1/25 - Form 6-K
- 11/24/25 - Form SCHEDULE
- RNW's page on the SEC website