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May 13, 2023

KKR on the proposed sale of their stake in Virescent Renewable Energy Trust to India Grid Trust for INR 4,000 crores

AZB is advising KKR on the proposed sale of their stake in Virescent Renewable Energy Trust to India Grid Trust for ~INR 4,000 crores. Once completed, this will be the first deal in which an InvIT acquires another InvIT.

Our deal team comprises of our Senior Partners Ashwath Rau and Atreya Bhattacharya, Senior Associate Vyjayanthi Raghu, and Associates Shubhalakshmi Bhattacharya and Juhi Mittal.

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These are the views and opinions of the author(s) and do not necessarily reflect the views of the Firm. This article is intended for general information only and does not constitute legal or other advice and you acknowledge that there is no relationship (implied, legal or fiduciary) between you and the author/AZB. AZB does not claim that the article's content or information is accurate, correct or complete, and disclaims all liability for any loss or damage caused through error or omission.

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