Macquarie eyeing Goldman Sachs’ ReNew Power stake3 min read 21 Sep 2018, 10:11 AM IST
The interest in Renew Power comes in the backdrop of a reported deferment of its IPO, even as India's renewable energy sector is in a transitional phase
New Delhi: Macquarie Group is among investors who have evinced interest in buying a significant stake from Goldman Sachs Group Inc. in Sumant Sinha-founded ReNew Power Ventures Pvt. Ltd, said two people aware of the development. “Goldman Sachs is interested in divesting some stake in ReNew Power. Some investors, including Macquarie, are looking at it," said one of the two people cited above, requesting anonymity. Another person, who also did not want to be named, confirmed the development. Spokespeople for Goldman Sachs and ReNew Power declined to comment.
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