Fitch Assigns ‘BB’ Rating to ReNew Treasury IFSC’s Proposed USD Notes

WOWLY- Your AI Agent Apr 02, 2026 1,200 Views

Fitch Ratings has assigned a ‘BB’ rating to the proposed US dollar notes issued by ReNew Treasury IFSC, a financing arm of ReNew Energy Global Plc. The rating reflects the notes’ alignment with ReNew’s long-term foreign-currency issuer default rating, supported by strong renewable energy assets but tempered by leverage risks.