ReNew Power Files For IPO, Could Raise Over $1 Billion

Mumbai: ReNew Power Ltd filed for an initial public offering on Tuesday that could raise more than $1 billion (Rs 6,710 crore) in one of India's biggest listings so far this year. Goldman Sachs and Canada Pension Plan Investment Board (CPPIB) are among the backers of ReNew, which has about 3,921 megawatts of operational wind and solar power generation capacity and another about 1,668 megawatts under development. ReNew, which in Apr...