Cyril Amarchand Mangaldas advised ReNew Private Limited on the sale of its 300MW solar power asset to Sembcorp Green Infra Private Limited
The leading law firm in India, Cyril Amarchand Mangaldas, acted as legal counsel for ReNew Private Limited on the sale of 100% of its wholly owned subsidiary, ReNew Sun Bright Private Limited, which owns and operates a 300MW solar power asset in Rajasthan, to Sembcorp Green Infra Private Limited for an aggregate consideration of approximately INR 1,700 crores.
The transaction CAM team was led by Bhargav Joshi (Partner), with assistance from Alena Jamal (Associate), Ayushi Agarwal (Associate), and Harshitha Swarna (Associate).
The Surya Sreenivasan (Partner), with assistance from Kabir Manchanda (Principal Associate), advised on the project finance aspects of the transaction.
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