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).

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

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

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