India: KKR on the Proposed Sale of Their Stake in Virescent Renewable Energy Trust to India Grid Trust

AZB is advising KKR on the proposed sale of their stake in Virescent Renewable Energy Trust to India Grid Trust for ~INR 4,000 crores. Once completed, this will be the first deal in which an InvIT acquires another InvIT. Our deal team comprises of our Senior Partners Ashwath Rau and Atreya Bhattacharya, Senior Associate Vyjayanthi Raghu, and Associates Shubhalakshmi Bhattacharya and Juhi Mittal. https://lnkd.in/dX2XeFNd