#CleanEnergyDeal

ReNew sells 300 MW Rajasthan solar project to India Grid Trust 

ReNew, a leading decarbonization company in India, is set to sell its 300 MW solar project in Rajasthan, ReNew Solar Urja Private Limited, to India Grid Trust for $199 million. The transaction, aligned with ReNew’s strategy for shareholder value enhancement, is expected to yield a $82 million cash inflow, reflecting strong investor interest in ReNew’s…

US renewable asset portfolio changes hands in major agreement

Enel Green Power North America, a subsidiary of Enel S.p.A., concludes a $271 million deal with ORMAT Technologies Inc. for a US renewable asset portfolio. The sale encompasses EGPNA’s entire geothermal portfolio and small solar plants, totaling approximately 150 MW. The transaction, now closed, is impact Enel’s net debt positively by €250M but reduce reported…