ReNew and Societe Generale sign MoU for USD 1 Billion to broaden collaboration on energy transition projects [Yahoo! Finance]
SOCIETE GENL FRNCE S/ADR (SCGLY)
NASDAQ:AMEX Investor Relations:
societegenerale.com/en/investors
Company Research
Source: Yahoo! Finance
BUSINESS WIRE )--ReNew, India's leading renewable energy company (NASDAQ: RNW), today announced that it has signed a Memorandum of Understanding (MoU) with Societe Generale, to support the financing and development of the Company's various strategic energy transition projects both in India and globally. Under the MoU, which references up to USD 1 billion of support over the next three years, primarily including debt financing and advisory solutions, both parties will leverage their respective expertise to strengthen the collaboration on utility-scale energy projects including solar, wind, complex renewables, green hydrogen, energy storage and solar modules manufacturing. Sumant Sinha, Founder, Chairperson and Chief Executive Officer of ReNew said: "This MoU represents a key milestone towards our ambitions in India and worldwide. Societe Generale is a trusted partner for accelerated deployment of renewable energy projects, and this collaboration will contribute towards India's net
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