ReNew Goldman

Goldman invests in Indian wind power company

The principal investing division of Goldman Sachs strikes a deal to invest $200 million in Sumant Sinha's company ReNew Wind Power.
ReNew Wind aims to expand its wind power portfolio by up to 300MW per year AFP

Goldman Sachs has inked a deal to invest up to $200 million in ReNew Wind Power, a renewable-energy independent power producer IPP based in India. The deal represents one of the largest investments in India’s renewable-energy generation sector by a financial investor.

ReNew was founded by Sumant Sinha, who is currently chairman and chief executive officer of the company. Sinha, who is the son of a former finance minister of India, was previously chief operating officer of Indian wind turbine manufacturer Suzlon...

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