ReNew Power planning fresh fund raise post delayed IPO: Reports

The high profile billion dollar IPO of India's largest renewable energy company ReNew Power backed by Goldman Sachs may have got delayed. But, ET Now's Ashwin Mohan learns from his sources that Sumant Sinha-controlled firm is on the prowl to raise funds. As per reports, ReNew power is in advanced talks with Canadian pension fund OMERs. OMERS has $95 bn in net assets as of Dec 31, 2017. Reports suggest that ReNew power is looking for $300 million for growth cap and funding acquisitions.