Announced

16 Apr 2020

CLP India failed to acquire Divine Solren, Cleansolar Renewable Energy and Neo Solren from Mahindra Susten for $49m.

Synopsis

CLP India, a company that generates, transmits, and distributes electric energy, failed to acquire Divine Solren, Cleansolar Renewable Energy and Neo Solren from Mahindra Susten for, a manufacturer of solar energy equipment, $49m.

Principals

target

Neo Solren

bidder

Clp India Private

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Market Context

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Bidder Team (1)

rajiv ranjan mishra

Managing Director at CLP INDIA PRIVATE LIMITED

Manager

bidder

Deal

£ 37 M

Total Value

Vendor Team (5)

qais jamal

Partner at AZB & Partners

Lawyer

vendor

Deals

£ 7.02 B

Total Value

shameek chaudhuri

Partner at AZB & Partners

Lawyer

vendor

Deals

£ 3.43 B

Total Value

rutunjay singh

Senior Associate at AZB & Partners

Lawyer

vendor

Deal

£ 37 M

Total Value

rinki ganguli

Partner at AZB & Partners

Lawyer

vendor

Deals

£ 1.95 B

Total Value

rakesh singh

CEO at MAHINDRA SUSTEN

Manager

vendor

Deal

£ 37 M

Total Value

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