Top Indian Green Energy Firm to Buy Out US-Listed Shares

The main shareholders of a leading Indian green power company, ReNew Energy Global Plc, are looking to acquire the publicly held shares of the company, paving the way for an exit from its US listing.

Four major investors that control almost two-thirds of the company have launched a non-binding offer for the remaining shares in the NASDAQ-listed firm at an 11.5% premium to its last closing share price, they said in an exchange filing.