AZB assists Singapore Equis Energy on sale of global portfolio to GIP in record renewable energy deal
US-based fund manager, Global Infrastructure Partners (GIP) along with co-investors have announced the acquisition of Asia’s largest renewable energy firm, Equis Energy through a 100% cash deal, as reported earlier by VC Circle and The Economic Times. The deal is considered to be the the largest renewable energy generation acquisition in history and was completed on January 19, 2018.
AZB & Partners advised Equis Energy in relation to its Indian assets and was led by partners Sai Krishna Bharathan and Vivek Bajaj along with senior associate Bhuvana Veeraragavan.
Headquartered in Singapore, Equis Energy is the largest renewable energy independent power producer in the Asia?Pacific region, with over 180 assets operation, construction and development with capacity of more than 11 gigawatts across Australia, Japan, India, Indonesia, the Philippines and Thailand. As per the press release by GIP, the transaction is the largest renewable energy generation acquisition in history and positions GIP as a dominant renewable energy developer in the key OECD growth markets of Australia and Japan, as well as across India and South East Asia.
2017-10-25
Global
This deal report is based on a firm’s press release and may be only partially complete. Some firms or names of advisers may be therefore be missing. If you are or know one of the lawyers who acted on this deal but has not been credited, please leave a comment below (marked not for publication), preferably with your name and email address, and we will update the report.
Source: legallyindia
