Roth Capital Notes Unexpected Cancellation of ReNew Energy (RNW) Take-Private Deal Following Masdar Withdrawal

1 day ago 1

Maham Fatima

Sat, January 10, 2026 astatine 1:21 PM CST 2 min read

ReNew Energy Global (NASDAQ:RNW) is 1 of the oversold stocks to bargain now. On December 17, Roth Capital lowered the firm’s terms people connected ReNew Energy Global to $8 from $8.15 and kept a Buy standing connected the shares. This determination followed the institution announcement connected December 15 that Masdar pulled retired of the capitalist consortium, starring to the cancellation of the projected take-private deal. While Masdar did not explicate its withdrawal, the steadfast noted the determination was unexpected since some parties appeared to beryllium connected the verge of a last agreement.

Furthermore, connected December 15, Mizuho reduced its terms people for ReNew Energy Global to $7 from $8.15 with a Neutral standing pursuing the quality that Masdar has withdrawn from the consortium intended to instrumentality the institution private. Despite a diminution successful the banal terms connected the said date, the steadfast suggested the selloff is overdone and attributed the downward unit to arbitrage investors exiting their positions alternatively than a displacement successful cardinal value.

Roth Capital Notes Unexpected Cancellation of ReNew Energy (RNW) Take-Private Deal Following Masdar Withdrawal

Consequently, Mizuho’s revised valuation shifts distant from buyout expectations, present basing the people connected no-growth next-12-month EBITDA multiples for the company’s powerfulness procreation and manufacturing segments done FY2028, aligning ReNew Energy Global (NASDAQ:RNW) much intimately with its manufacture peers.

ReNew Energy Global (NASDAQ:RNW), unneurotic with its subsidiaries, generates powerfulness done non-conventional and renewable vigor sources successful India. It operates done 5 segments: Wind Power, Solar Power, Hydro Power, Transmission Line, and Manufacturing segments.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.