Reuters reports that U.S. investment bank Goldman Sachs will invest 10 billion rupees ($201.6 million) in equity of Indian renewable energy start-up ReNew Wind Power, the Indian firm said on Monday.
ReNew Wind Power was founded about 6 months back by Suman T. Sinha, a former chief operating officer of India's Suzlon Energy , the world's fifth-largest wind turbine manufacturer by capacity.
ReNew expects to reach capacity of 1 gigawatt by 2015 and plans to expand its wind portfolio by 200-300 megawatts annually, the company said in a statement….
Read more at http://www.reuters.com/article/2011/09/26/goldman-india-investment-idUSWNAS398820110926
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