financetom
Business
financetom
/
Business
/
ReNew Gets $100 Million Investment From UK's BII for Solar Manufacturing Projects
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
ReNew Gets $100 Million Investment From UK's BII for Solar Manufacturing Projects
May 26, 2025 2:04 AM

10:41 AM EDT, 05/06/2025 (MT Newswires) -- ReNew Energy Global ( RNW ) said Tuesday it secured a $100 million investment from UK development finance institution British International Investment to boost its solar manufacturing business in India.

The investment will be made in ReNew Photovoltaics, the company's solar manufacturing unit in India, ReNew Energy said.

The investment will see BII buy a minority stake in ReNew Photovoltaics, the company said, adding the deal is subject to approvals from lenders and regulators.

Price: 6.37, Change: +0.03, Percent Change: +0.47

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Amazon set to Outperform due to Investments Across Ecommerce, AWS, and Kuiper, UBS Says
Amazon set to Outperform due to Investments Across Ecommerce, AWS, and Kuiper, UBS Says
Jul 28, 2025
12:35 PM EDT, 07/28/2025 (MT Newswires) -- Amazon.com ( AMZN ) is set to outperform on extensive investments in e-commerce, Amazon Web Services, Kuiper satellites, and advertising, UBS said in a Monday research report. UBS said it lifted its gross merchandise value and gross profit estimates for 2026 and 2027 by nearly 2% as Amazon.com ( AMZN ) is positioned...
Mill City Ventures (MCVT) Stock Soars On $450M Deal To Create Crypto Treasury
Mill City Ventures (MCVT) Stock Soars On $450M Deal To Create Crypto Treasury
Jul 28, 2025
Shares of Mill City Ventures III Ltd ( MCVT ) are surging Monday morning after the specialty finance company announced a $450 million private placement, signaling a pivot into the digital asset space. Here’s what investors need to know. What To Know: The company entered into agreements to sell 83,025,830 shares of common stock at $5.42 per share. The deal...
Warner Bros Discovery announces names for new companies post spin-off
Warner Bros Discovery announces names for new companies post spin-off
Jul 28, 2025
(Reuters) -Warner Bros Discovery said on Monday its division that houses its film studios, HBO streaming services and gaming studios would be called Warner Bros when the company splits into two in mid-2026. Its other division, Global Networks, which will include entertainment, sports and news television brands including CNN, TNT Sports and the Discovery+ streaming service will be called Discovery...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved