ReNew Energy Global repays more than $1B to offshore bondholders in FY23

ReNew Energy Global announced that it has repaid more than $1B to its offshore bondholders in FY 2023. The amount repaid includes the most recent amortization of $180M this month. "In today’s fast-paced global business environment, firms must be very strategic in financing for the growth initiatives," said Kedar Upadhye, CFO of ReNew. "As ReNew and India lead the global energy transition, we have continued to mitigate refinancing risk without diminishing the company’s growth capital."