{"id":53984,"date":"2025-12-22T11:37:48","date_gmt":"2025-12-22T11:37:48","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&p=53984"},"modified":"2025-12-22T11:37:48","modified_gmt":"2025-12-22T11:37:48","slug":"lakshmikumaran-and-sridharan-attorneys-advised-inox-clean-energy-limited-on-acquisition-of-wind-solar-portfolio-from-macquarie","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/lakshmikumaran-and-sridharan-attorneys-advised-inox-clean-energy-limited-on-acquisition-of-wind-solar-portfolio-from-macquarie\/","title":{"rendered":"Lakshmikumaran and Sridharan Attorneys advised Inox Clean Energy Limited on acquisition of wind-solar portfolio from Macquarie"},"content":{"rendered":"

New Delhi, December 22, 2025:<\/em> Lakshmikumaran & Sridharan Attorneys (\u201cLKS\u201d) advised Inox Clean Energy Limited (\u201cInox\u201d), a part of the INOXGFL Group, in relation to its acquisition of a 1,337 MW renewable energy platform from Macquarie Corporate Holdings Pty Limited (\u201cMacquarie\u201d) and other shareholders. The platform comprises of a diversified renewable energy portfolio of wind, solar and hybrid projects, with around 800 MW currently operational across multiple Indian states.<\/strong><\/p>\n

<\/p>\n

LKS acted as legal counsel to Inox and advised on the transaction structure, cross border regulatory aspects, competition law, tax implications and negotiation of transaction documents. The LKS team co-ordinated with and worked alongside Standard Chartered Bank and Lathams & Watkins LLP, towards getting the parties aligned on the transaction.<\/p>\n

The transaction team, leading strategic negotiations and overall transaction management comprised of Kunal Arora (Partner), Siddharth Sawhney (Partner), Anupam Misra (Associate Partner), Mitushi Garg (Principal Associate) and Ria Mehta (Associate).<\/p>\n

The tax related aspects in relation to the transaction were advised upon by a team comprising of Karanjot Singh Khurana (Partner), Harshit Khurana (Associate Partner), Giridhar Vasudevan (Principal Associate) and Rishabh Bhatia (Senior Associate).<\/p>\n

The competition law team comprised of Neelambera Sandeepan (Partner), Charms Mathews (Senior Associate) and Rohan Zaveri (Associate).<\/p>\n

The combined expertise of the LKS teams enabled Inox to execute the transaction documents in a time-bound manner and ensured that the transaction aligned with Inox\u2019s long-term growth objective.<\/p>\n

Macquarie and other selling shareholders were represented by Latham & Watkins LLP, Singapore.<\/p>\n

This acquisition marks a significant leap in Inox\u2019s vision to strengthen its presence in the renewable sector and significantly accelerates its growth trajectory, positioning the company to achieve its 3 GW capacity target by FY26.<\/p>\n

About Lakshmikumaran & Sridharan attorneys<\/strong><\/p>\n

Lakshmikumaran & Sridharan (LKS) is a premier full-service law firm in India, specializing in areas such as corporate & M&A\/PE, dispute resolution, taxation and intellectual property. The firm, through its 14 offices across India, works closely on Corporate, M&A, litigation and commercial law matters, advising and representing clients both in India and abroad. Over the last 4 decades the firm has worked with over 15,500 clients which range from start-ups, small & medium enterprises, to large Indian corporates and multinational companies.<\/p>\n

The professionals within the firm bring diverse experience to service clients across sectors such as automobiles, aviation, consumer electronics, e-commerce and retail, energy, EPC, financial services, FMCG, hospitality, IT\/ITeS, logistics, metals, mining, online gaming, pharma and healthcare, real estate and infra, telecom and media, and textiles. The firm takes pride in the value-based, client-focused approach that combines knowledge of the law with industry experience to design bespoke legal solutions.<\/p>\n

The firm\u2019s driving principles to achieve our vision are integrity, knowledge and passion.<\/p>\n

\u00a0<\/em><\/strong><\/p>\n

For more details contact:<\/em><\/strong>\u00a0<\/em><\/p>\n

Arnab Bhattacharya\u00a0\u00a0<\/em><\/p>\n

+91 8287613705\u00a0<\/em><\/p>\n

arnab.bhattacharya@lakshmisri.com<\/em><\/a>\u00a0<\/em><\/p>\n

\u00a0<\/em><\/p>\n

Sakshi Sharma <\/em><\/p>\n

+91 9521867484<\/em><\/p>\n

sakshi.s@lakshmisri.com<\/em><\/a><\/p>\n

www.lakshmisri.com<\/em><\/a>\u00a0<\/em><\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-53984","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/53984","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=53984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}