India Grid Trust
Dealstreet
AZB & Partners acts on the acquisition of Virescent by KKR-backed IndiGrid
The deal amount is valued at ₹40 billion (approximately $485 million).
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).
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