Renew Energy Global PLC (RNW)

ReNew Energy Global plc's warrants expiring on August 22, 2026, are being delisted from the Nasdaq Stock Market LLC. This action is due to the company's voluntary withdrawal of these specific securities from listing and registration, as certified by Nasdaq in a Form 25 filing. The delisting means these warrants will no longer be traded on Nasdaq, potentially impacting their visibility and trading volume.

ReNew Energy Global (RNW) is the target of a take-private transaction by a consortium including Canada Pension Plan Investment Board and founder Sumant Sinha, offering $7.02 per share. Existing shareholders may choose cash or to roll over their shares into the new structure. The Abu Dhabi Investment Authority (ADIA) and its related entities, holding 23.64% of Class A shares through Platinum Cactus A 2019 Trust, have committed to voting in favor of the scheme and rolling over their securities, gaining significant governance rights post-transaction.

ReNew Energy Global plc shareholders are facing a US$7.02 cash offer per share or a rollover option as part of a transaction agreement with a consortium including CPP Investments and founder Sumant Sinha. JERA Power RN B.V. and JERA Co., Inc., beneficial owners of 10% of Class A Ordinary Shares, have committed to the rollover option for their shares and to vote in favor of the scheme. The transaction involves a court-sanctioned scheme of arrangement, followed by a reorganization that will shift ownership to ReNew Private Limited, with plans for a potential Indian IPO in the future.

ReNew Energy Global (RNW) is set to be taken private in a transaction valued at $7.02 per share, led by the Canada Pension Plan Investment Board and founder Sumant Sinha. Shareholders have the option to receive cash or roll over their shares into the new private entity, though the rollover option is subject to certain limitations to manage shareholder count and U.S. ownership. The deal requires significant shareholder and regulatory approvals across India, Belgium, and France, with key figures like Sumant Sinha and major institutional investors holding substantial voting power.

Canada Pension Plan Investment Board (CPP Investments) is leading a consortium to take ReNew Energy Global (RNW) private at $7.02 per share in cash. The consortium, which includes the Founder, JERA, and Platinum, collectively controls about 74.02% of voting power and has committed to rolling over their shares into the post-transaction structure. The buyout is contingent on supermajority shareholder approvals, U.K. court sanction, and competition clearances in India, Belgium, and France.