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ReNew Power completes business combination and starts trading on the NASDAQ

ReNew Power completes business combination and starts trading on the NASDAQ
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ReNew Power completes merger with SPAC RMG II

ReNew Power completes merger with SPAC RMG II
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ReNew Power Announces Filing of a Public Proxy Statement/Prospectus on Form F-4 in Connection With Its Proposed Business Combination with RMG Acquisition Corp. II

ReNew Power Announces Filing of a Public Proxy Statement/Prospectus on Form F-4 in Connection With Its Proposed Business Combination with RMG Acquisition Corp. II
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ReNew Power, India's leading renewable energy company, to publicly list through business combination with RMG Acquisition Corporation II in $8 billion transaction

ReNew Power, India’s leading renewable energy company, to publicly list through business combination with RMG Acquisition Corporation II in $8 billion transaction
26th February 2021
ANTARA/Business Wire
• ReNew Power, India’s leading renewable energy company, has entered into a definitive business combination agreement with RMG Acquisition Corporation II (“RMG II”); upon closing, the combined entity is expected to be listed on the NASDAQ under the new ticker symbol “RNW”
• Pro forma consolidated & fully diluted enterprise value of approximately $8 billion; transaction expected to close in the second quarter of 2021, subject to customary closing conditions
• Total anticipated proceeds of $1.2 billion, comprised of $855 million, upsized, fully-committed private placement of common stock in ReNew Power (the “PIPE”) and $345 million of gross cash held in trust by RMG II, subject to redemptions; anticipated net primary proceeds of approximat ....

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ReNew Power, Indiens führendes Unternehmen für erneuerbare Energien, gibt öffentlich den Unternehmenszusammenschluss mit RMG Acquisition Corporation II in einer Transaktion in Höhe von 8 Mrd. US-Dollar bekannt

ReNew Power, Indiens führendes Unternehmen für erneuerbare Energien, gibt öffentlich den Unternehmenszusammenschluss mit RMG Acquisition Corporation II in einer Transaktion in Höhe von 8 Mrd. US-Dollar bekannt
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