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Announced

21 Jun 2022

Completed

16 Aug 2022

ThomasLloyd completed the acquisition of a 43% stake in SolarArise India for $33m.

Synopsis

ThomasLloyd, a renewable energy investment trust, completed the acquisition of a 43% stake in SolarArise India, a firm that owns seven solar power projects situated in five states across India, for $33m.

Principals

target

Solararise India

bidder

Thomaslloyd Group

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Market Context

shardul amarchand mangaldas & co

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shore capital & corporate

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