ReNew Power set to acquire climate connect to add energy management services
Image Credit: shortpedia
Cleantech startup ReNew Power, on Thursday, announced that it has inked a definitive agreement to acquire Climate Connect, an artificial intelligence (AI) and machine learning (ML) based energy management startup. Climate Connect will continue to operate as an independent subsidiary of ReNew Power. ReNew Power raised $450 Mn funding through a dollar bond issuance in January 2020.