In a move indicative of the growing interest in green energy investments in India, three prominent law firms have taken up roles in the $1.5 billion acquisition of the Indian renewable energy platform O2 Power by JSW Energy. This transaction marks Swedish private equity giant EQT and Singapore’s state-owned Temasek Holdings’ divestment of the platform they established as a greenfield renewables start-up in 2020. Notably, this acquisition represents EQT’s inaugural infrastructure investment in the region.
The legal roster for this high-value transaction includes India’s Khaitan & Co, Herbert Smith Freehills, and the recently merged A&O Shearman. Details on the specifics of the roles each firm played remain limited, but the collaboration of such renowned legal entities underscores the significance of this deal in the renewable sector. For further details, you can access the full article on Law.com’s International Edition.