M&A - CANADA PENSION PLAN INVESTMENT BOARD

Form Type: SCHEDULE 13D/A

Filing Date: 2025-07-03

Corporate Action: Acquisition

Type: Update

Accession Number: 000110465925065591

Filing Summary: On July 2, 2025, the Canada Pension Plan Investment Board (CPPIB), in conjunction with a consortium, submitted a revised non-binding proposal to acquire all Class A ordinary shares of ReNew Energy Global plc not currently owned by consortium members. The proposal suggests a purchase price of $8.00 per share on a fully diluted basis. This proposal is non-binding and contingent upon the execution of definitive agreements. Additionally, on July 3, 2025, the consortium entered into an amendment to the Consortium Bid Conduct Agreement, extending the restrictions outlined in the agreement until September 30, 2025. The document also reiterates that the reporting person holds a substantial stake in the issuer, beneficially owning a total of 88,846,844 shares, equating to 34.6% of the voting rights associated with all outstanding shares.