Deal Corner
October 27, 2015
Orient Green Power raises 250 crores

DEAL BRIEF

Orient Green Power Company Limited has raised INR 250 crore from existing promoters Shriram Venture Limited (SVL) and its subsidiaries and financial investors, including EW Special Opportunities Fund II Pte. Limited and Ecap Equities Limited, through preferential allotment.

Orient Green Power Company is one of India's leading renewable energy players with 428 MW of operational wind assets and 106 MW of operational biomass assets and is part of the Sriram Group.

Shriram Group is a financial services conglomerate founded on April 5, 1974 by Ramamurthy Thyagarajan, AVS Raja and T. Jayaraman. They have their headquarters in Chennai, Tamil Nadu, India.

OUR ROLE

We, at Nishith Desai Associates, acted as the sole legal counsel to Orient Green Power and its existing promoter, the Sriram Group and advised on strategic, legal and tax aspects including legal and tax structuring, negotiations and deal documentation.

Disclaimer

The contents of this hotline should not be construed as legal opinion. View detailed disclaimer.

We expressly clarify that this communication is not a solicitation or an invitation of any sort whatsoever from Nishith Desai Associates or any of its members to create an attorney-client relationship. This communication is not intended to be a source of advertising and the recipient should always seek the advice of competent counsel licensed to practice in the recipient's country/state.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

NDA Connect

Connect with us at events, 
conferences and seminars.

Deal Corner

October 27, 2015

Orient Green Power raises 250 crores

DEAL BRIEF

Orient Green Power Company Limited has raised INR 250 crore from existing promoters Shriram Venture Limited (SVL) and its subsidiaries and financial investors, including EW Special Opportunities Fund II Pte. Limited and Ecap Equities Limited, through preferential allotment.

Orient Green Power Company is one of India's leading renewable energy players with 428 MW of operational wind assets and 106 MW of operational biomass assets and is part of the Sriram Group.

Shriram Group is a financial services conglomerate founded on April 5, 1974 by Ramamurthy Thyagarajan, AVS Raja and T. Jayaraman. They have their headquarters in Chennai, Tamil Nadu, India.

OUR ROLE

We, at Nishith Desai Associates, acted as the sole legal counsel to Orient Green Power and its existing promoter, the Sriram Group and advised on strategic, legal and tax aspects including legal and tax structuring, negotiations and deal documentation.

Disclaimer

We expressly clarify that this communication is not a solicitation or an invitation of any sort whatsoever from Nishith Desai Associates or any of its members to create an attorney-client relationship. This communication is not intended to be a source of advertising and the recipient should always seek the advice of competent counsel licensed to practice in the recipient's country/state.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

NDA Connect

Connect with us at events, 
conferences and seminars.