Axis Energy Ventures India Private Limited (“Axis Energy”) and Pine Valley Holdings (DIFC) Limited (“Brookfield”) have set up a joint venture platform named ABC Cleantech Private Limited (“ABC Cleantech”)1. The JV platform being a cleantech company, will purely be focused on developing, owning and operating wind, solar, wind-solar hybrid and renewable energy projects for approximately 1 GW. Our firm advised Axis Energy on this transaction.
Deal amount: USD 845 million ( INR 7,280 crores)
INDUSLAW Team
Transaction Team: Ravi Kumar (Partner), Revathy Murali (Partner), Suraj Soni (Senior Associate), Aditi Rani (Senior Associate), Nishi Bharatiya (Associate), Anurag Prasad (Associate) and Aryan Mohindroo (Associate).
Energy & Projects Team: Deepak Chowdhury (Partner)
Other law firms involved:
• Brookfield: Trilegal