ReNew Energy Global Receives Proceeds From $191 Million Solar Project Sale

An update from ReNew Energy Global ( (RNW) ) is now available.

On December 29, 2025, ReNew Energy Global Plc said it had received most of the cash proceeds from the previously announced sale of a solar project first disclosed on October 8, 2025, a transaction with an enterprise value of about $191 million including net current assets. The deal will bring in roughly $97 million of cash to ReNew, of which about $82 million has already been collected and the remaining $15 million is expected within around two weeks following prepayment of existing project finance lenders, with the company planning to use the funds to repay existing holding-company debt and strengthen its balance sheet.

The most recent analyst rating on (RNW) stock is a Hold with a $7.00 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 renewable energy company that develops, owns and operates clean power projects, with a portfolio focused primarily on solar assets in India and related markets. The company generates revenue through the sale and operation of these renewable energy projects and actively manages its asset base and capital structure through selective project sales and debt optimization.

Average Trading Volume: 1,520,640

Technical Sentiment Signal: Sell

Current Market Cap: $2B

For an in-depth examination of RNW stock, go to TipRanks’ Overview page.