Khaitan, AZB act on Shapoorji Pallonji $204m sale of five solar assets to KKR [UPDATE-1]

Shapoorji Pallonji Infrastructure on Monday announced that it will sell five operational solar energy assets to KKR for ₹1,554 crore.

Mint

Khaitan & Co advised regular infrastructure Shapoorji Pallonji Infrastructure Capital Company Private Limited led by a team of partner Akhil Bhatnagar, principal associate Raja Kishore, principal associate Ashutosh Sharma, senior associate Rahul Mishra, associate Bhagirath Ashiya and associate Simran Chandok. Also involved were partner Kumar Saurabh Singh, principal associate Sourabh Bhattacharya, associate Riya Agicha and associate Savni Tewari on certain financing related aspects.

Update 06 May 2020: AZB & Partners partners Ashwath Rau and Atreya Bhattarcharya acted for KKR.

2020-04-27

Deal value: USD 204 million

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