Masdar withdraws from ReNew Energy buyout offer, deal collapses
Masdar’s exit ends ReNew Energy’s privatisation attempt, despite offer rising to $8.15 per share.
| Sector | Énergie Solaire, Énergie Éolienne, Énergie Marine & Hydraulique, Photovoltaïque, Terrestre, Hydroélectricité |
|---|---|
| Theme | Investissements & Transactions, Financement, Développement de projets |
Abu Dhabi Future Energy Company (Masdar) has officially withdrawn from the consortium involved in the attempted acquisition of India’s ReNew Energy Global, listed on the Nasdaq. This decision brings discussions regarding the energy producer’s privatisation to a close, according to a statement filed with US authorities.
Comments
Sign in to leave a comment.