ReNew Energy Global Plc ("ReNew" or the "Company"), a leading decarbonization solutions company announces that its commercial and industrialplatform, ReNew Green Energy Solutions Private Limited ("ReNew Green") has secured $95 million equity investment. The investment is led by LeapFrog Investments, the pioneering Profit with Purpose investor, which has directly committed $50 million, with the balance from co-investors Emerging Market Climate Action Fund ("EMCAF") and Carlyle AlpInvest.

ReNew Green's portfolio is among India's largest clean energy portfolios for commercial and industrial (C&I) customers, with 2.5 GW* of committed capacity across multiple states. Of this, over 2.0 GW is already commissioned. Within this, ~1.3 GW has long-term agreements with global technology leaders such as Microsoft, Amazon, and Google. ReNew Green delivers affordable, reliable renewable power through structured offtake agreements to a diversified customer base spanning automotive, chemicals, cement, textiles, and technology, serving both global and domestic leaders.

The investment reflects LeapFrog's climate investment thesis: backing scalable climate solutions in emerging markets that accelerate decarbonization while driving inclusive economic growth. Through its climate strategy, LeapFrog focuses on companies enabling the "green leap" - helping emerging economies move directly to low-carbon infrastructure in ways that are commercially competitive, job-creating, and measurable in impact.