ReNew Green Secures $95 Million Investment Led by LeapFrog for Expansion

ReNew Green Energy Solutions, the commercial and industrial arm of ReNew Energy Global, secured $95 million equity investment led by LeapFrog Investments, with co-investors Emerging Market Climate Action Fund and Carlyle AlpInvest. The funding aims to expand ReNew Green's renewable power supply, which includes over 2 GW commissioned capacity and long-term agreements with companies like Microsoft, Amazon, and Google. ReNew's CEO Sumant Sinha highlighted the role of the C I sector in India's decarbonization, while LeapFrog emphasized supporting scalable clean energy solutions in emerging markets.