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-0.00518134715025911 0.079447322970639 -0.0172711571675302 -0.0241796200345423 -0.0189982728842832 -0.0155440414507772 -0.0069084628670121 0
Stock impact report

ReNew Signs 437.6 MW Green Attribute Contract with Microsoft

ReNew Energy Global plc - Class A Shares (RNW) 
Company Research Source: Business Wire
- One of the largest corporate renewable energy agreements in India- As part of the agreement, a community fund will be established to support initiatives such as rural electrification and women’s livelihoods NEW DELHI--(BUSINESS WIRE)--ReNew, India’s leading renewable energy company (NASDAQ: RNW), has today announced the signing of a green attribute sale contract of 437.6 MW with Microsoft. This contract is expected to generate over one million units of green electricity attributes annually, contributing to Microsoft’s ambition to be carbon-negative by 2030.As part of the agreement, ReNew will direct approximately US $15 million of revenue from the contract towards a community fund to support environmental justice initiatives focusing on women’s livelihoods and economic empowerment, energy access, rural electrification, environmental remediation and water quality improvement, and other concerns of communities disproportionately impacted by pollution and climate change. This work w Show less Read more
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