AZB & Partners acts on the acquisition of Virescent by KKR-backed IndiGrid

The deal amount is valued at ₹40 billion (approximately $485 million).

Bar & Bench

Published:18th May, 2023 at 6:34 PM

KKR backed India Grid Trust (IndiGrid) has acquired 100% of the units of Virescent Renewable Energy; and shares of Virescent Infrastructure Investment Manager Private Limited for ₹40 billion (approximately $485 million).

AZB & Partners advised the acquirer on this deal.

The transaction team consisted of Ashwath Rau (Partner), Atreya Bhattacharya (Partner) and Vyjayanthi Raghu (Senior Associate).

If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.

AZB & Partners acts on the acquisition of Virescent by KKR-backed IndiGrid

The deal amount is valued at ₹40 billion (approximately $485 million).

Also Read

History being distorted; Akbar shown only as tyrant in books: Justice Rohinton Nariman

Our role is not to run businesses: Justice Vipul Pancholi at DAW 2025

Supreme Court upholds 25% domicile reservation at National Law University, Jodhpur

The moment I see an arbitration presided by a retired judge, I lose faith: Harish Salve

Trapped no more: A legislative fix for registered owners’ liability