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

Kerala Court issues notice to former DGP R Sreelekha IPS over defamatory remarks against Rahul Gandhi

Aadhaar card not conclusive proof of age; postmortem report more reliable: Madhya Pradesh High Court

Beyond rules and regulations: How behavioral science is transforming legal judgment, compliance and decision-making

Call for Papers: Journal of the Centre for Environmental Law, Institute of Law, Nirma University - Volume III, Issue 1

Anirudh Associates is looking to hire Associates/Senior Associates in Bangalore