ReNew to sell 300 MW solar projects to Singapore’s Sembcorp in $200 million deal

New Delhi: Nasdaq-listed ReNew Energy Global Plc has agreed to sell 300 megawatt (MW) of solar projects to Singapore’s Sembcorp Industries Ltd in a deal with an equity and enterprise value of around $100 million and $190 million. "Sembcorp Industries (Sembcorp) through its wholly-owned subsidiary, Sembcorp Green Infra Private Limited, has entered into a share purchase agreement with ReNew Private Limited to acquire 100% ownership of ReNew Sun Bright Private Limited (ReNew Sun Bright), for a total considerat ...