Revised Proposal for Acquisition of ReNew Energy Global plc
The filing is an Amendment No. 4 to the Schedule 13D submitted by the Reporting Persons, including Abu Dhabi Investment Authority, Platinum Cactus A 2019 Trust, and Platinum Hawk C 2019 RSC Limited, regarding their ownership of Class A Ordinary Shares of ReNew Energy Global plc. The amendment includes a revised non-binding proposal submitted by the Consortium on October 10, 2025, to acquire all issued and to be issued shares of the Company not already owned by the Consortium members at a price of $8.15 per share. The proposal represents a 29% premium to the closing share price on December 10, 2024, and a 41% premium to the 30-day volume-weighted average price as of the same date. The Consortium believes the revised proposal provides immediate liquidity and value certainty to shareholders. The Transaction is expected to be implemented through a UK scheme of arrangement, with an indicative timeline provided for regulatory approvals, shareholder meetings, and completion. The filing also includes details on due diligence, documentation, and conditions precedent to the Transaction.