Renew Energy Global Plc · NASDAQ:RNW
Renew Energy Global — ReNew Power — SPAC Merger (March 2021)
9 slides from Renew Energy Global's SPAC merger presentation, Mar 1, 2021
Slide 1: CMD Townhall 25th February 2021
CMD Townhall 25th February 2021
Slide 2: What has happened? ReNew Power will get publicly listed on NASDAQ
What has happened? RENEW POWER will get publicly listed on NASDAQ ReNew has entered into a definitive agreement with RMG Acquisition Corporation (SPAC listed on NASDAQ) Upon completion of the transaction, the merged entity will be called ReNew Energy Global PLC and would be publicly listed under the
Slide 3: Why is it a big deal?
Why is it a big deal? First major overseas listing of an Indian company (in terms of size) via the SPAC route Access to more capital for growth – enough to fund our pipeline for next 3-4 years! More flexibility to act on our strategic initiatives and growth plans Recognition of our efforts by the ex
Slide 4: What worked?
What worked? Strong integrity, work ethics and corporate governance Pure-play clean energy Indian company with a stellar record Honesty of intent and ambitious growth plans
Slide 5: What does it mean for you?
What does it mean for you? More growth and learning opportunities Strong work ethics will help in the long-term Brand equity of each employee will go up
Slide 6: What was the process like? How was it made possible?
What was the process like? How was it made possible? Tight timelines – started mid Dec and closed a couple of days back Balanced different deal aspects and stakeholders in a short period of time Thanks to all the teams who pulled through – Finance, Legal, Secretarial, Comms and others Thanks to ALL
Slide 7: But it is still not done – please exercise extreme caution
But it is still not done – please exercise extreme caution while talking to others We have issued press releases in this matter. Please DON’T editorialize or provide additional context for the information that is publicly disclosed in verbal conversation, emails and other online forums such as socia
Slide 8: Proud to be a ReNewer!
PROUD TO BE A RENEWER!
Slide 9: Q&A / Forward Looking Statements
Q&A ********************* Forward Looking Statements This document contains certain forward-looking statements within the meaning of the federal securities laws with respect to the proposed transaction between ReNew Power Private Limited (“ReNew”), ReNew Energy Global Limited (“PubCo”) and RMG Acqui