ReNew Receives Final Buyout Offer at 26% Premium from Global Investor Consortium

ReNew Energy Global Plc, referred to as ReNew, announced today that it has received a final non-binding offer dated July 2, 2025, from a consortium of investors to acquire all outstanding shares of the company not already owned by the group. The consortium includes Abu Dhabi Future Energy Company PJSC–Masdar, Canada Pension Plan Investment Board, Platinum Hawk C 2019 RSC Limited as trustee for the Platinum Cactus A 2019 Trust, a wholly owned subsidiary of the Abu Dhabi Investment Authority, and ReNew’s Founder, Chairman and Chief Executive Officer, Sumant Sinha.

The offer proposes a cash consideration of US$8.00 per share, representing:

• An increase of US$0.93 or 13.2 percent from the consortium’s initial proposal on December 10, 2024
• A 26.2 percent premium to the closing share price of US$6.34 on December 10, 2024
• A 38.9 percent premium to the 30-day volume-weighted average price of US$5.76 as of that date

As previously disclosed, ReNew’s Board of Directors established a Special Committee composed of six independent non-executive directors and led by Lead Independent Director Manoj Singh to evaluate proposals from the consortium.