ReNew Power … said it has acquired Climate Connect, an artificial intelligence (AI) and machine learning start-up, to get access to energy management services. It added that the acquisition would strengthen ReNew Power’s ongoing digital and analytics initiative which aims to leverage its data and optimise decision making across business operations.

— The Economic Times

DSK Legal advised ReNew Power Private Limited led by a team of partner Harvinder Singh, associate partner Devika Chadha, senior associate Shruti Dogra and associate Shubhi Ameriya, with partner Aparajit Bhattacharya acting as the engagement partner for ReNew on the transaction and providing “strategic inputs to successfully conclude the transaction”, according to DSK. The due diligence team included senior associate Shruti Dogra, and associates Deepti Gianchandani, Sunanda Pandey, Mishika Ravishankar, Manhar Gulani, and Ruchika Agarwal.

Climate Connect was advised in-house.

Deal value: Confidential

2020-06-04

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