Solenco Infra Private Limited, a leading solar power development company, has sold its project company for development of 165MWac solar energy generation park to an entity of BluPine Energy.

As part of the larger transaction, in addition to share purchase agreement, Solenco will also provide certain infrastructure services to the project company or purchaser including engineering, procurement and construction services.

SageCounsel represented and advised Solenco Infra on this transaction. The firm advised on all aspects of the transaction including drafting of different documents, negotiations, execution and closing.

The transaction team was led by Akshay Nagpal (Founder).

Trilegal represented BluPine Energy on this transaction.

The transaction team was led by Vishal Sagar (Partner).

BluPine Energy is a leading renewable energy services company established in India by Actis, a global investor and world leader in funding and building sustainable infrastructure companies.

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