BusinessPhoto: Business StandardReNew Secures $100 Million from Dutch Bank FMO for Renewable Projects
ReNew, a renewable energy company, secured a $100 million financing facility from Dutch development bank FMO. The 10-year funding under the Voluntary Retention Route supports renewable projects under construction across ReNew Group. CFO Kailash Vaswani highlighted the stable, long-term capital access and diversified funding. The facility aligns with the 2X Challenge promoting women's economic empowerment. ReNew's portfolio includes 20.5 GW clean energy and expanding solar manufacturing capacity.
Business Standard·



