# EDGAR Filing Document

**Accession Number:** 0001362558
**File Stem:** 0001104659-25-098828
**Filing Date:** 2025-10
**Character Count:** 23689
**Document Hash:** 42f3fd8993880dc1cd9b29bd77f7d05d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-098828.hdr.sgml**: 20251010

**ACCESSION NUMBER**: 0001104659-25-098828

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20251010

**DATE AS OF CHANGE**: 20251010

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ReNew Energy Global plc
- **CENTRAL INDEX KEY:** 0001848763
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRIC SERVICES [4911]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 000000000
- **STATE OF INCORPORATION:** K7
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-92830
- **FILM NUMBER:** 251389110

**BUSINESS ADDRESS:**
- **STREET 1:** C/O RENEW POWER, COMMERCIAL BLOCK-1
- **STREET 2:** ZONE 6, GOLF COURSE RD, DLF CITY PHASE-V
- **CITY:** GURUGRAM-HARYANA
- **STATE:** K7
- **ZIP:** 122009
- **BUSINESS PHONE:** 91 99710 95748

**MAIL ADDRESS:**
- **STREET 1:** C/O RENEW POWER, COMMERCIAL BLOCK-1
- **STREET 2:** ZONE 6, GOLF COURSE RD, DLF CITY PHASE-V
- **CITY:** GURUGRAM-HARYANA
- **STATE:** K7
- **ZIP:** 122009

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ReNew Energy Global Ltd
- **DATE OF NAME CHANGE:** 20210302
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Abu Dhabi Investment Authority
- **CENTRAL INDEX KEY:** 0001362558

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** C0
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** 211 CORNICHE STREET
- **STREET 2:** PO BOX 3600
- **CITY:** ABU DHABI
- **STATE:** C0
- **ZIP:** 0000
- **BUSINESS PHONE:** 971 2 4154242

**MAIL ADDRESS:**
- **STREET 1:** 211 CORNICHE STREET
- **STREET 2:** PO BOX 3600
- **CITY:** ABU DHABI
- **STATE:** C0
- **ZIP:** 0000

## Exhibit 99.9

**Exhibit 99.9**

**10 October 2025**

**VIA E-MAIL**

ReNew Energy Global plc (the "**Company**")

Special Committee of the Board of Directors

C/O Vistra (UK) Ltd

Suite 3, 7th Floor, 50, Broadway,

London, England, SW1H 0DB

Attention: Mr. Manoj Singh, Lead Independent Director

Dear Manoj:

The Consortium would like to thank you, the rest of the special committee and the management of the Company, for your time and continued engagement on the proposed acquisition of the entire issued and to be issued share capital of the Company not already owned by the members of the Consortium (the "**Transaction**"). After careful consideration, the Consortium is prepared to submit this revised and enhanced proposal, which is the Consortium's **<u>best and final</u>** non-binding offer. Subject to alignment on the points outlined below, the Consortium sees a clear path to a mutually agreeable Transaction and would like to work towards the announcement of a binding Transaction in November 2025.

**Revised Proposal**

The Consortium is prepared to increase its offer price to US$8.15 per share, payable in cash, for the entire issued and to be issued share capital of the Company not already owned by the members of the Consortium.

Our revised proposal would provide the Company's shareholders with a 29% premium to the closing share price of $6.34 per share on 10 December 2024 and a 41% premium to the 30-day volume-weighted average price of $5.76 per share (as of 10 December 2024).

The Consortium believes that its revised proposal, which would provide shareholders with immediate liquidity and value certainty not available in public markets, would be in the best interest of the Company and its shareholders, and the Consortium trusts that it evidences its willingness to take the Transaction forward to the next stage.

The revised proposal is based on the information that you have made available to us and reflects the findings of our due diligence. For the avoidance of doubt, the revised proposal is subject to agreeing the transaction agreement between the Company and the Consortium (the "**Transaction Agreement**") and the provision of irrevocable undertakings as described further below.

**Due Diligence**

We are pleased to confirm that no material items remain outstanding in our due diligence exercise. Our advisers have provided a list of the items required to enable us to close out our confirmatory legal and tax due diligence. As customary, we will inform you should we require any further information as part of our approval processes. We would expect any such requests to be purely confirmatory in nature.

**Documentation**

Significant progress has been made on the Transaction Agreement over the past few weeks. Our advisers will share an updated draft of the Transaction Agreement with Linklaters later today, which we believe can be agreed in short order.

**Consortium Approvals**

Each of the Consortium members have provided ongoing updates to their respective internal committees. Once you confirm your alignment on the Transaction Agreement, the Consortium members will each seek final approvals to enable each Consortium member to enter into the Transaction Agreement. As noted above, the Consortium would like to work towards announcing a binding Transaction in November 2025.

**Transaction Structure** 

The Transaction will be implemented through a UK scheme of arrangement. Please find below an indicative timeline setting out the proposed steps and estimated timings to implement the Transaction:

&nbsp;&nbsp;&nbsp;&nbsp;· Signing: "D"

&nbsp;&nbsp;&nbsp;&nbsp;· Submission of regulatory approval filings: D + 4 weeks

&nbsp;&nbsp;&nbsp;&nbsp;· Company submission of 13E-3 and scheme document to the SEC for review: D + 6 weeks (for the Company to
confirm)

&nbsp;&nbsp;&nbsp;&nbsp;· Publication of scheme document by the Company: D + 11/12 weeks (subject to timing of SEC review)

&nbsp;&nbsp;&nbsp;&nbsp;· Company shareholder meeting: D + 15/16 weeks

&nbsp;&nbsp;&nbsp;&nbsp;· Satisfaction of conditions precedent to completion of the Transaction (including regulatory approvals)
and scheme of arrangement sanctioned by the UK Court: D + 7-8 months

&nbsp;&nbsp;&nbsp;&nbsp;· Long stop date: D + 12 months

**Warrants and Options** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Warrants:** The Consortium wants to ensure all warrants are redeemed. To achieve this, the Company
will need to launch a consent solicitation process when the Transaction Agreement is signed to amend the Company's warrant agreement
to provide that each warrant can be redeemed immediately prior to the date on which the scheme of arrangement becomes effective at the
Black-Scholes Value, calculated as of the date of this letter. The consent solicitation may need to be combined with a tender offer to
reduce the number of warrants outstanding following completion of the Transaction (if the consent for the amendment to the warrant agreement
is not obtained). The Company's articles will also need to be amended to include a provision to allow one or more members of the
Consortium to acquire any class A shares issued following exercise of the warrants following completion of the Transaction for consideration
equal to the offer
price. Our advisers have shared a draft amendment to the warrant agreement with Linklaters on 22 September 2025. Additional details can
also be found in clause 14 of the Transaction Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;· **Options:** The Consortium members (other than the Founder) and the Founder are in material agreement on the principal terms of the ESOP and compensation
plan for the Founder and CEO. Details of a similar plan for the broader management team are included in the updated draft of the Transaction
Agreement which will be shared with Linklaters later today.

**Shareholder Support**

The Consortium expects to receive hard irrevocable undertakings from directors of the Company (other than the founder and the nominee directors of the Consortium members), and certain other of Renew's largest shareholders. Our advisers have shared drafts of the irrevocable undertakings with Linklaters.

**Conditions** 

As set out in the draft Transaction Agreement, we expect completion of the Transaction to be conditional on, amongst other things:

&nbsp;&nbsp;&nbsp;&nbsp;· receipt of regulatory approvals in the jurisdictions identified in the draft Transaction Agreement (subject
to ongoing discussions with Linklaters);

&nbsp;&nbsp;&nbsp;&nbsp;· receipt of approval of the Transaction from the Company's shareholders and the scheme of arrangement
being sanctioned by the UK Court;

&nbsp;&nbsp;&nbsp;&nbsp;· all Company warrants being redeemed;

&nbsp;&nbsp;&nbsp;&nbsp;· the Company obtaining certain approvals in relation to its existing financings and other agreements;

&nbsp;&nbsp;&nbsp;&nbsp;· the warranties from the Company being materially true and accurate; and

&nbsp;&nbsp;&nbsp;&nbsp;· the Company not being in material breach of its obligations under the Transaction Agreement

Please see schedule 1 of the Transaction Agreement for further details.

**Governance**

The appointments of all independent directors will be terminated on or shortly after completion of the Transaction in line with the terms of their respective engagement letters.

In summary, the Consortium would like to thank you again for your engagement on this Transaction and looks forward to continuing to work together expeditiously towards the announcement of a binding Transaction.

**As is customary, this proposal is not to be construed as a binding, definitive or irrevocable proposal, agreement or contract. The proposal is non-binding until such time as the potential parties to the Transaction enter into legally binding definitive transaction documents in respect of the Transaction.**

---

| | |
|:---|:---|
| Sincerely, |  |
| **Canada Pension Plan Investment Board** |  |
| /s/ Bill Rogers |  |
| Name: Bill Rogers |  |
| Title: Authorised Signatory |  |
| **Platinum Hawk C 2019 RSC Limited as trustee for the Platinum Cactus A 2019 Trust** | **Platinum Hawk C 2019 RSC Limited as trustee for the Platinum Cactus A 2019 Trust** |
| /s/ Suhail Al Dhaheri | /s/ Mamoun Jamai |
| Name: Suhail Al Dhaheri | Name: Mamoun Jamai |
| Title: Authorised Signatory | Title: Authorised Signatory |
| **Abu Dhabi Future Energy Company PJSC-Masdar** | **Abu Dhabi Future Energy Company PJSC-Masdar** |
| /s/ Mohamed Jameel Al Ramahi |  |
| Name: Mohamed Jameel Al Ramahi |  |
| Title: Chief Executive Officer |  |
| **Founder** | **Founder** |
| /s/ Sumant Sinha |  |
| Name: Sumant Sinha |  |
| Title: Founder |  |

---

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 4)**

**ReNew Energy Global plc**

*(Name of Issuer)*

**Class A Ordinary Shares, Nominal Value of $0.0001 Per Share**

*(Title of Class of Securities)*

**G7500M104**

*(CUSIP Number)*

**Turner Herbert**<br>Abu Dhabi Investment Authority<br>211 Corniche, PO Box 3600<br>Abu Dhabi C0 00000<br>971 2 4150000

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**10/10/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **G7500M104** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Abu Dhabi Investment Authority** | Name of reporting person<br>**Abu Dhabi Investment Authority** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**C0** | Citizenship or place of organization<br>**C0** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**58170916.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**58170916.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**58170916.00** | Aggregate amount beneficially owned by each reporting person<br>**58170916.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**23.8%** | Percent of class represented by amount in Row (11)<br>**23.8%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

**Comment for Reporting Person:** Item 13 is calculated based on a total of 244,405,376 Class A Ordinary Shares of ReNew Energy Global plc, a public limited company registered in England and Wales with registered number 13220321 (the "Issuer"), which the Reporting Persons understand were outstanding as of March 31, 2025, as reported by the Issuer in its Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the "SEC") on July 30, 2025.

With respect to Item 14, Abu Dhabi Investment Authority ("ADIA") is a public institution established in 1976 by the Government of the Emirate of Abu Dhabi (the "Government") as an independent investment institution. ADIA is wholly owned and subject to constitutional supervision by the Government. ADIA has an independent legal identity with full capacity to act in fulfilling its statutory mandate and objectives.

| **CUSIP No.** | **G7500M104** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Platinum Cactus A 2019 Trust** | Name of reporting person<br>**Platinum Cactus A 2019 Trust** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**C0** | Citizenship or place of organization<br>**C0** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**58170916.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**58170916.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**58170916.00** | Aggregate amount beneficially owned by each reporting person<br>**58170916.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**23.8%** | Percent of class represented by amount in Row (11)<br>**23.8%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

**Comment for Reporting Person:** Item 13 is calculated based on a total of 244,405,376 Class A Ordinary Shares of the Issuer, which the Reporting Persons understand were outstanding as of March 31, 2025, as reported by the Issuer in its Annual Report on Form 20-F filed with the SEC on July 30, 2025.

With respect to Item 14, Platinum Cactus A 2019 Trust is a trust established under the laws of the Abu Dhabi Global Market by deed of settlement, dated March 28, 2019 between Abu Dhabi Investment Authority and Platinum Hawk C 2019 RSC Limited ("Platinum Hawk"). Platinum Hawk is the trustee of Platinum Cactus A 2019 Trust. Platinum Hawk is an indirect wholly owned subsidiary of ADIA. The Class A Ordinary Shares are directly held by the Platinum Cactus A 2019 Trust. Pursuant to the rules and regulations of the Securities and Exchange Commission, both ADIA (pursuant to its right to vote or dispose of the shares) and Platinum Hawk (pursuant to its right to dispose of the shares) should be considered to be the beneficial owner of the Class A Ordinary Shares.

| **CUSIP No.** | **G7500M104** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Platinum Hawk C 2019 RSC Limited** | Name of reporting person<br>**Platinum Hawk C 2019 RSC Limited** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**C0** | Citizenship or place of organization<br>**C0** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**58170916.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**58170916.00** | Aggregate amount beneficially owned by each reporting person<br>**58170916.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**23.8%** | Percent of class represented by amount in Row (11)<br>**23.8%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

**Comment for Reporting Person:** Item 13 is based on a total of 244,405,376 Class A Ordinary Shares of the Issuer which the Reporting Persons understand were outstanding as of March 31, 2025, as reported by the Issuer in its Annual Report on Form 20-F filed with the SEC on July 30, 2025.

With respect to Item 14, Platinum Hawk is the trustee of Platinum Cactus A 2019 Trust, which is a trust established under the laws of the Abu Dhabi Global Market by deed of settlement, dated March 28, 2019 between Abu Dhabi Investment Authority and Platinum Hawk. Platinum Hawk is an indirect wholly owned subsidiary of ADIA. Platinum Hawk does not have any voting power with respect to the Class A Ordinary Shares owned by the Platinum Cactus A 2019 Trust, but has the power to make, retain, divest, transfer, sell, convert, vary or transpose of such shares. Pursuant to the rules and regulations of the Securities and Exchange Commission, both ADIA (pursuant to its right to vote or dispose of the shares) and Platinum Hawk (pursuant to its right to dispose of the shares) should be considered to be the beneficial owner of the Class A Ordinary Shares.

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Class A Ordinary Shares, Nominal Value of $0.0001 Per Share

**(b) Name of Issuer:**
ReNew Energy Global plc

**(c) Address of Issuer's Principal Executive Offices:**
C/O Vistra (UK) Ltd, Suite 3, 7th Floor, 50, Broadway, London, X0, SW1H 0DB

This Amendment No. 4 (this "Amendment") amends and supplements the Schedule 13D filed by the Reporting Persons on September 2, 2021, as amended and supplemented on August 22, 2023, December 10, 2024 and July 3, 2025 (the "Original Schedule 13D" and, as amended and supplemented by this Amendment, the "Schedule 13D"). Except as specifically provided herein, this Amendment does not modify any of the information previously reported on the Original Schedule 13D. Capitalized terms not otherwise defined in this Amendment shall have the same meanings ascribed thereto in the Original Schedule 13D.

This Schedule 13D is being filed by the Reporting Persons in relation to the Class A Ordinary Shares, par value $0.0001 (the "Shares"), of the Issuer. The principal executive office of the Issuer is located at C/O Vistra (UK) Ltd, Suite 3, 7th Floor, 50, Broadway, London, England, SW1H 0DB.

**Item 4. Purpose of Transaction**

This Amendment amends and supplements Item 4 of the Original Schedule 13D by adding the following:

Revised Non-Binding Proposal

On October 10, 2025, the Consortium jointly submitted a best and final non-binding proposal (the "Revised Proposal") to the special committee of the Board increasing the price per Share that the Consortium is proposing to pay to acquire all of the Shares (on a fully diluted basis) of the Issuer not presently owned by the Consortium Members in the Proposed Transaction to $8.15 per Share. The Revised Proposal is the Consortium's best and final non-binding offer.

The Revised Proposal is non-binding, and no agreement, arrangement or understanding between the Consortium or any Consortium Members, on the one hand, and the Issuer, on the other hand, relating to the Revised Proposal, the Proposed Transaction or any other transaction will be created until such time as definitive agreements for the Proposed Transaction have been executed and delivered.

References to, and descriptions of, the Revised Proposal in this Schedule 13D are qualified in their entirety by the terms of the Revised Proposal, a copy of which is attached hereto as Exhibit 99.9 and is incorporated in its entirety into this Item 4.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Abu Dhabi Investment Authority

**Signature:** /s/ Khadem Al Remeithi

**Name/Title:** Khadem Al Remeithi / Authorized Signatory

**Date:** 10/10/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Platinum Cactus A 2019 Trust

**Signature:** /s/ Suhail Al Dhaheri

**Name/Title:** Suhail Al Dhaheri / Authorized Signatory

**Date:** 10/10/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Platinum Hawk C 2019 RSC Limited

**Signature:** /s/ Suhail Al Dhaheri

**Name/Title:** Suhail Al Dhaheri / Authorized Signatory

**Date:** 10/10/2025