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The latest announcement is out from ReNew Energy Global ( (RNW) ).
On January 22, 2026, ReNew Energy Global raised USD 600 million via an oversubscribed offering of 6.5% senior secured green bonds due 2031, issued out of its GIFT City-based subsidiary ReNew Treasury IFSC Private Limited and guaranteed by ReNew and ReNew Private Limited. The transaction, placed with institutional investors across Asia, the UK and the US and attracting peak demand of more than USD 2 billion, is notable as the first international bond issuance from a GIFT City issuer and is structured with a security package similar to ReNew’s 7.95% green bonds due 2026. Proceeds will primarily be used to redeem USD 525 million of those higher‑coupon Diamond II bonds, making the deal broadly debt-neutral while cutting the interest rate from 7.95% to 6.5% and extending maturity from 2026 to 2031, thereby lowering funding costs and strengthening ReNew’s long-term financial profile and access to diversified global capital pools.
The most recent analyst rating on (RNW) stock is a Hold with a $6.00 price target. To see the full list of analyst forecasts on ReNew Energy Global stock, see the RNW Stock Forecast page.
Spark’s Take on RNW Stock
According to Spark, TipRanks’ AI Analyst, RNW is a Neutral.
ReNew Energy Global’s overall score reflects strong earnings call performance and financial growth, tempered by high leverage and bearish technical indicators. The company’s strategic expansion and ESG achievements are positive, but financial stability concerns and technical weakness weigh on the score.
To see Spark’s full report on RNW stock, click here.
More about ReNew Energy Global
ReNew Energy Global Plc is a Nasdaq-listed renewable energy company that finances and operates clean power assets, using green bonds and other sustainable finance instruments to support its growth. Through subsidiaries in India and internationally, the company taps global capital markets to fund and refinance projects under a dedicated Green Financing Framework, targeting investors focused on environmental, social and governance (ESG) themes.
Average Trading Volume: 1,526,772
Technical Sentiment Signal: Sell
Current Market Cap: $2B
For an in-depth examination of RNW stock, go to TipRanks’ Overview page.