Investors in ReNew Energy, the second-largest renewables player in India are planning to take the company private, valuing it at $2.82 billion, Reuters has reported, citing filings with the U.S. Securities and Exchange Commission. The investors involved include the Canada Pension Plan Investment Board, Emirati Masdar, and the Abu Dhabi Investment Authority—the emirate’s sovereign wealth fund. These, together with the company’s chairman, Sumant Sinha, have 64% of the voting rights in the company. In a letter to ReNew Energy’s…
