ReNew Energy Global Plc

ReNew Energy Global reported higher revenues for Q1 FY2027, an adjusted EBITDA of INR 30.4 billion (+12%) and profit after tax of INR 6 billion (+16%). The operating portfolio grew 26% and more than 1 GW was commissioned in the current fiscal year, bringing capacity to 13.5 GW. Grid bottlenecks, curtailments and margin pressure in manufacturing remain near-term risks, while management confirmed the full-year adjusted EBITDA guidance of INR 103–109 billion and outlined expansion plans for battery storage and manufacturing. » Więcej na de.investing.com

A consortium of Canada Pension Plan Investment Board (CPP Investments) and Sumant Sinha, founder and CEO, has made a non-binding cash offer of $6.75 per share for ReNew shares not yet held by the consortium. The proposed transaction is to be structured as a UK scheme of arrangement; shareholders may accept the cash offer or retain their shares, and those who do not decide before the court hearing will automatically receive the cash offer. A five-member special committee of the board is reviewing the offer and has appointed Rothschild & Co and Linklaters as independent advisers, but there is no assurance regarding the implementation or terms of any possible transaction. » Więcej na de.investing.com

ReNew Energy Global A will open the books on 18 May 2026 for the quarter ended 31 March 2026. Two analysts on average expect a loss per share of -14.406 INR compared with 0.100 USD in the year-ago quarter and forecast revenue of 28.78 billion INR. For the fiscal year just ended, consensus estimates from four analysts are earnings per share of 13.66 INR and revenue of 138.24 billion INR. » Więcej na finanzen.net

ReNew Energy Global’s stock fell 24% after Masdar confirmed its withdrawal from the consortium, effectively ending the planned takeover. The consortium previously included Masdar, Canada Pension Plan Investment Board, Abu Dhabi Investment Authority and founder Sumant Sinha. On October 28 the consortium announced a memorandum of intent for a cash offer of $8.15 per share; ReNew has not yet announced any alternative strategic plans. » Więcej na de.investing.com

ReNew Energy Global reported revenue growth of over 50% for the first half of fiscal 2025 and adjusted EBITDA growth of 24% to INR 53.5 billion. The debt ratio fell from 8.6 to 7.0, despite operational issues such as lower capacity factors at solar plants, grid connection problems and delays in PPAs. The share price reacted slightly negatively in premarket trading. The company confirmed its EBITDA guidance for FY26 of INR 87–93 billion, expects 1.6–2.4 GW of completed projects and a cash flow to equity of INR 14–17 billion. » Więcej na de.investing.com