Justin Clare

Maheep Mandloi

Nikhil Nigania

Puneet Gulati

Aniket Mittal

Lav Sharma

McAuliffe Smith

McCallie Smith

- ReNew Energy Global Plc (RNW) announced the receipt of a **best and final non-binding offer** dated **October 10, 2025**, from a consortium including Masdar, CPP Investments, ADIA, and Sumant Sinha, to acquire the entire issued share capital not already owned by them.  **[1848763_0001193125-25-237995_rnw_6k_-_101025.htm:0]** **[1848763_0001193125-25-237995_rnw-ex99_1.htm:0]** 
- The offer proposes a cash consideration of **US$8.15 per share**.  **[1848763_0001193125-25-237995_rnw-ex99_1.htm:0]** 
- This represents an **increase of US$1.08 per share (15.3%)** from the initial non-binding proposal dated December 10, 2024, and a **28.5% premium** over the undisturbed share price of US$6.34 on December 10, 2024.  **[1848763_0001193125-25-237995_rnw-ex99_1.htm:0]** 
- A Special Committee of independent non-executive directors is currently evaluating the Revised Proposal, with active discussions ongoing.  **[1848763_0001193125-25-237995_rnw-ex99_1.htm:0]**

ReNew Energy Global Plc receives revised acquisition offer

- **ReNew Energy Global Plc** announced on **October 8, 2025**, an agreement to sell its **300 MW** solar project in Rajasthan to Sembcorp Green Infra Private Limited.  **[1848763_0001193125-25-233978_6k_sembcorp_msedcl_signi.htm:0]** 
- The transaction has an enterprise value of approximately **$191 million** and is projected to generate approximately **$98 million** in cash inflow for ReNew, subject to closing adjustments.  **[1848763_0001193125-25-233978_6k_sembcorp_msedcl_signi.htm:0]** 
- The project, ReNew Sun Bright Private Limited, was commissioned in **November 2021** and has a **25-year Power Purchase Agreement** with Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL).  **[1848763_0001193125-25-233978_6k_sembcorp_msedcl_signi.htm:0]**

ReNew Energy Global Plc Sells 300 MW Solar Project

- ReNew Energy Global plc announced that a consortium, including **Abu Dhabi Future Energy Company PJSC-Masdar**, **Canada Pension Plan Investment Board**, **Platinum Hawk** (a wholly owned subsidiary of ADIA), and **Sumant Sinha**, will provide a **revised offer** to acquire the company's outstanding share capital.  **[1848763_0001193125-25-225104_6k_offer_update_30_sep.htm:0]** 
- This revised offer is expected to be provided no later than **October 10, 2025**.  **[1848763_0001193125-25-225104_6k_offer_update_30_sep.htm:0]** 
- The Special Committee will issue a **conclusive update** to the market regarding the potential transaction no later than **October 31, 2025**.  **[1848763_0001193125-25-225104_6k_offer_update_30_sep.htm:0]** 
- The company noted that **no assurance** can be given regarding the likelihood, terms, or details of a revised offer or the potential transaction.  **[1848763_0001193125-25-225104_6k_offer_update_30_sep.htm:0]**

ReNew Energy Global (RNW)