•  •  Dark Mode

Your Interests & Preferences

I am a...

law firm lawyer
in-house company lawyer
litigation lawyer
law student
aspiring student
other

Website Look & Feel

 •  •  Dark Mode
Blog Layout

Save preferences

Biggest Indian renewable deal with Cyril Amarchand, BMR Samvad on SunEdison Continuum wind power buy (TOI carries deal report) [UPDATE-1]

Cyril Amarchand Mangaldas acted as Indian legal counsel to SunEdison Inc, which bought an Indian wind platform of Continuum Wind Energy, advised by BMR Legal, through acquisition of its Singapore holding company.

Cyril Amarchand Mangaldas Mumbai-based partners Santosh Janakiram and Smruti Shah led for SunEdison, with partner Nisha Uberoi advising on competition law aspects.

As international legal counsels, SunEdison Inc was advised by Hogan Lovells and Allen & Gledhill on English and Singapore law aspects, respectively.

Continuum Wind Energy had BMR Legal partner Amit Khansaheb, Wong Partnership, Singapore as its legal counsel

Update: Morgan Stanley International Holdings, an existing investor, was represented by Samvad Partners partner Vineetha MG with associates Malvika Kanade and Prateek Batra, alongside Davis Polk in the UK.

Continuum Wind Energy currently has 170MW of projects under construction, with approximately 1200MW of projects in the pipeline and 245MW operational projects in India whereas SunEdison Inc is the largest renewable energy development company in the world by generation capacity.

This deal is also the biggest buyout India has seen in the clean energy sector, according to an Amarchand press release.

The Times of India had also reported Cyril Amarchand’s involvement in the deal.

Click to show 23 comments
at your own risk
(alt+c)
By reading the comments you agree that they are the (often anonymous) personal views and opinions of readers, which may be biased and unreliable, and for which Legally India therefore has no liability. If you believe a comment is inappropriate, please click 'Report to LI' below the comment and we will review it as soon as practicable.