Added to YB: 2026-07-02
Pitch date: 2026-06-29
RNW [bullish]
ReNew Energy Global Plc
+8.44%
current return
Author Info
No bio for this author
Company Info
ReNew Energy Global Plc, together with its subsidiaries, engages in the generation of power through non-conventional and renewable energy sources in India.
Market Cap
$216.9B
Pitch Price
$6.28
Price Target
8.00 (+17%)
Dividend
N/A
EV/EBITDA
11.00
P/E
21.86
EV/Sales
7.14
Sector
Independent Power and Renewable Electricity Producers
Category
special_situation
ReNew Energy Global Plc ($RNW)
RNW: CEO/founder & CPP consortium bid $6.75 to take private (Attempt #2), below prior collapsed $8.15 deal (Masdar exited). FY26 record: rev +38%, EBITDA +24%, net profit +126%; net debt/EBITDA down to ~7x, targeting 5.5x & IG rating. Trades below bid on arb scar tissue. ADIA & JERA control minority vote—if they want cash, bump to ~$8; downside ~$5. Cheap optionality on undervalued inflecting Indian renewables biz w/ hyperscaler C&I exposure.
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