Home Business ReNew power to buy Ostro Energy for Rs. 10800 crore, biggest deal...

ReNew power to buy Ostro Energy for Rs. 10800 crore, biggest deal in renewables sector

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(G.N.S) Dt. 02 Mumbai Sumant Sinha-led Re-New Power Ventures has finalised the takeover of Ostro Energy for an enterprise value of ₹10,800 crore ($1.66 billion), the biggest M&A deal in the renewables sector, sources close to the deal said. The deal, part of the wave of consolidation in the rapidly-expanding

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