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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/9/2021 | $13.00 | Buy | Seaport Global |
| 7/27/2021 | $17.00 | Buy | ROTH Capital |
ReNew signs binding agreements for the acquisition of two operating portfolios 99MW hydropower project in Uttarakhand, 260MW/330MWp solar projects in the state of TelanganaThe combined enterprise value of the acquisitions is around INR 28.5 billion (US$ 384.0 million) Adds approximately INR 3.8 – 4.0 billion (US$ 50.7 – 53.4 million) of EBITDA on a full-year basisReNew announces its entry into hydropower, enabling it to expand its offerings and provide value-added solutions to the market The transaction is expected to earn an equity return within ReNew's targeted range and is another step towards meeting its growth targets GURGAON, India, Aug. 11, 2021 /PRNewswire/ -- In line with its strat
Seaport Global initiated coverage of RMG Acquisition with a rating of Buy and set a new price target of $13.00
ROTH Capital initiated coverage of RMG Acquisition Corporation II with a rating of Buy and set a new price target of $17.00
SC 13G - RMG Acquisition Corp. II (0001820143) (Subject)
SC 13G - RMG Acquisition Corp. II (0001820143) (Subject)
Creates India's largest publicly-traded renewable energy company by total generation capacity ReNew's ordinary shares to begin trading on the NASDAQ tomorrow, August 24, 2021 ReNew Power Private Limited, ("ReNew Power" or the "Company") India's leading renewable energy provider, today announced that it has completed its previously announced business combination with RMG Acquisition Corporation II ("RMG II"). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210823005631/en/ The transaction was unanimously approved by RMG II's Board of Directors and was approved at the extraordinary general meeting of RMG II's shareholders held on
RMG Acquisition Corporation II (NASDAQ:RMGB) ("RMG II"), a publicly-traded special purpose acquisition company, today announced that its stockholders voted to approve the previously announced business combination with ReNew Power Private Ltd. ("ReNew"), and all other proposals presented at RMG II's extraordinary general meeting of shareholders (the "Extraordinary General Meeting") held on August 16, 2021. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210816005666/en/ Approximately 88% of the votes cast on the business combination proposal at the Extraordinary General Meeting were in favor of approving the business combination pr
The proposed business combination is expected to close on Monday, August 23, 2021, assuming RMG II receives shareholder approval at the Extraordinary General Meeting of shareholders to be held on Monday, August 16, 2021 Following closing, the combined company's shares and warrants are expected to trade under the ticker symbols "RNW" and "RNWW", respectively, starting on Tuesday, August 24, 2021 RMG Acquisition Corporation II (NASDAQ:RMGB) ("RMG II") announced today that it expects to close its proposed business combination with ReNew Power Private Limited ("ReNew Power") on Monday, August 23, 2021, assuming RMG II receives shareholder approval at the Extraordinary General Meeting o
15-12B - RMG Acquisition Corp. II (0001820143) (Filer)
425 - RMG Acquisition Corp. II (0001820143) (Subject)
8-K - RMG Acquisition Corp. II (0001820143) (Filer)
LONDON, June 28, 2021 /PRNewswire/ -- ReNew Energy Global PLC, ("the Company" or "ReNew Global") today announced the proposed appointment of a new Board of Directors, which is to be seated after the close of the Company's proposed business combination with RMG Acquisition Corporation II ("RMG II"). The proposed Board of Directors for ReNew Global include the following six independent Directors: Sir Sumantra Chakrabarti, formerly the President of The European Bank for Reconstruction and Development for two terms and Advisor to the Presidents of Kazakhstan and Uzbekistan on Economic Development. Sir Sumantra will also be the chairperson of the nomination committee. Mr. Manoj Singh, formerly