Canada Pension Plan Investment Board (CPPIB) Re16 billion acquisition of stake of Renew Power Ventures

3/4/2018

Private acquisition

Value:

Re 16 billion

Dollar value:

$ 240 million

Status:

Announced

Date:

3/4/2018

Overview:

Canada Pension Plan Investment Board (CPPIB) has acquired a Re16 billion stake in Renew Power Ventures.
Acquired were approximately 10% of the company.
The acquisition further strengthens CPPIB's position in India's renewable sector.

Katrin Kostadinova - Data analyst

Jurisdiction:

India

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

India

Industry sector:

Energy

Firm:

AZB & Partners

Party: Canada Pension Plan Investment Board (CPPIB) (Acquirer)

Lawyer: Roxanne Anderson

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