Biggest deals in the past 30 days*

Sumant Sinha

Goldman Sachs has invested Rs 1,000 crore ($200.3 million) in ReNew Wind Power, a Mumbai-based renewable energy solutions provider, marking the largest deal in the renewable energy generation industry in India. The deal will give Goldman Sachs a majority stake in the company. SaVant Advisors is guiding ReNew Wind Power in this transaction.

ReNew Wind Power currently has a generation cap-acity of 85 mega watt and plans to add 200 to 300 mega watt annually. Following the deal, the company expects to reach a generating capacity of one gigawatt by 2015 as well as expand its operations into other areas of alternative energy.

Goldman Sachs has been an active investor in the renewable energy sector with a total investment of $1.5 billion.