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Announced

8 May 2024

Completed

8 May 2024

Norfund completed the investment in SAEL.

Synopsis

Norfund, the Norwegian Investment Fund for developing countries, completed the investment in SAEL, an Indian renewable energy company specializing in solar and waste-to-energy projects. Financial terms were not disclosed.

Principals

target

Sael Industries

bidder

NORFUND

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Market Context

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Seller Team (1)

laxit awla

CEO at SAEL INDUSTRIES

Manager

target

Deal

n/a

Total Value

Bidder Team (11)

atul gupta

Partner at Trilegal

Lawyer

bidder

Deals

£ 12.70 B

Total Value

niharika puri

Partner at Trilegal

Lawyer

bidder

Deals

£ 1.08 B

Total Value

rahul arora

Partner at Trilegal

Lawyer

bidder

Deals

£ 2.65 B

Total Value

namrata bhagwatula

Senior Associate at Trilegal

Lawyer

bidder

Deals

£ 1.65 B

Total Value

nisha kaur uberoi

Partner & National Head of Competition Law Practice at Trilegal

Lawyer

bidder

Deals

£ 36.28 B

Total Value

sampath kumar rajagopalan

Partner at Trilegal

Lawyer

bidder

Deals

£ 2.44 B

Total Value

swapnil phadnis

Associate at Trilegal

Lawyer

bidder

Deals

£ 641 M

Total Value

himanshu sinha

Partner at Trilegal

Lawyer

bidder

Deals

£ 294 M

Total Value

ankush goyal

Partner at Trilegal

Lawyer

bidder

Deals

£ 1.48 B

Total Value

rudresh singh

Partner at Trilegal

Lawyer

bidder

Deals

£ 1.97 B

Total Value

anurag tripathi

Associate at Trilegal

Lawyer

bidder

Deals

£ 786 M

Total Value

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