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ReNew Energy Global plc T.RNW


Primary Symbol: RNW

ReNew Energy Global Plc is a United Kingdom-based company. The Company is a utility-scale renewable energy solutions providers in India. It operates wind, solar, and hydro energy projects. It provides clean energy solutions and value-added energy offerings through digitalization, storage, and carbon market services. It carries out business activities relating to the generation of power through non-conventional and renewable energy sources through ReNew Power Private Limited and its subsidiaries. It has primarily two reportable segments, namely wind power and solar power. Its wind power segment operates utility-scale wind energy projects in India and solar power segment operates its utility-scale and distributed solar energy projects in India. Other operations of the Company primarily include the sale of electricity from Hydro power and construction and maintenance of transmission lines. It offers a total commissioned capacity of 7.98 GW and an additional 5.72 GW of committed capacity.


NDAQ:RNW - Post by User

Post by Vega1357on May 12, 2020 1:51pm
126 Views
Post# 31018074

I'm out

I'm outI sold my RNW at $15.49 having bought 22,000 shares at an average price of around $14.75. I made a good profit and if it goes higher yet c'est la vie, but a bird in the hand ...  The market indexes are too high in my opinion and I think there is some reckoning to come. Furthermore, I thought RNW's earnings were a little on the weak side. The market shrugged that off fairly quickly but I'm not sure the analysts will, and we haven't heard from any of them yet. GLTA. You probably haven't heard the last of me. 
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