The promoters of Emami Group sold their entire shareholding in Emami Power Limited to Pyrite Power Private Limited, an Indian affiliate of Brookfield Asset Management Inc.

Canadian investment giant Brookfield Asset Management has sealed a deal to buy out Emami Power, the solar power business of Kolkata-based diversified conglomerate Emami Group.

— Moneycontrol

Khaitan & Co advised Emami Power Limited led by a team of partner Surbhi Kejriwal, senior associate Varun Narayan and associate Maitreya Subramaniam represented the client on the transaction. partner Gahan Singh and principal associate Swathy Ramanath advised on energy, infrastructure and projects aspects of the transaction.

2020-03-28

Deal value: Confidential

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