"International Finance Corp (IFC), the private sector investment arm of World Bank, on Thursday said it has invested $125m in Hero Future Energies, the renewable energy arm of the Hero Group, for an undisclosed equity stake.

IFC, together with IFC Global Infrastructure Fund, a private equity fund managed by IFC Asset Management Company, will invest $125m in equity, enabling Hero Future to set up 1 gigawatt (GW) of greenfield solar and wind plants over the next 12 months across India, it said in a statement,” reported Mint.

Trilegal partner Ravindra Bandhakavi, counsels Vishwanath Singh, Moksha Bhat, Dushyant Kumar and associate Adhideb Bhattacharya led the deal and for due diligence partner Neeraj Menon, counsel Anuja Tiwari, senior associate Asha Kutty and associates Mallika Anand, Srishti Goyal and Poornima Singh acted for IFC.

J Sagar Associates (JSA) partners Venkatesh Raman Prasad, Manvinder Singh and Nalin Bawa and associate Upasana Gupta acted for Hero.

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Like +5 Object -1 Guest 08 Jan 17, 22:22
Good show Trilegal. Clearly picking up Ravindra is paying off well given the number of deals he closes.
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Like +5 Object -1 Hmmm 09 Jan 17, 00:46
sounds right, before this Trilegal was not really considered a corp transactional firm. Mostly projects. At least with Ravindra there and a few other good corp partners, this firm can try rising up.
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Like +0 Object -3 Guest 10 Jan 17, 17:33
Trilegal can never compete with the likes of AZB, SCAM or Khaitan. There is no long term thinking and they lack the depth needed to penetrate the market. They will need more partners like Ravindra to be able to make its presence felt in a more significant manner. Currently, I see them involved in very few M&A and PE deals (although there may be some big ones).
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Like +0 Object -2 Hmmm 10 Jan 17, 21:26
agreed, ofcourse they cant compete with the 2 Chand's or AZB KCO, or even a firm like JSA when it comes to corporate transactional work. Also, they are mostly doing PE/funding documentation - investment deals, not really big on mergers or acquisitions.
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Like +1 Object -1 Cristiano Ronaldo 11 Jan 17, 19:14
Trilegal is a great firm in football matches..
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Like +0 Object -0 irrelevant 13 Jan 17, 20:57
irrelevant info
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Like +0 Object -0 Guest 25 Jan 17, 23:53
Nice job. Excellent team work.
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