CESC takes control of Bhojraj Renewables Energy via acquisition
The Precept Law Offices Assist in the Acquisition of Bhojraj Renewables Energy by Purvah Green Power
The Precept Law Offices have played a key role in the recent acquisition of Bhojraj Renewables Energy Private Limited by Purvah Green Power Private Limited. This transaction, which involves a renewable energy company, showcases the firm's expertise in handling complex deals within the sector.
Manish Singh, a partner at The Precept Law Offices, led the deal, demonstrating the firm's active involvement and experience in renewable energy acquisitions. The Precept Law Offices acted as the lead transaction counsel for Bhojraj Renewables Energy, providing legal support throughout the process.
One of the significant aspects of the deal was the due diligence of the vast land parcels required for the project. The Precept Law Offices carefully reviewed these land parcels to ensure compliance with all legal and regulatory requirements.
In addition to this, the firm reviewed, negotiated, finalised, and executed all the transaction agreements and documents. They also played a crucial role in structuring the deal to meet the needs of both parties involved.
Purvah Green Power Private Limited is a subsidiary of CESC Limited, further emphasising the scale and importance of this acquisition. Seraj Khan and Vivek Vashisth, both Senior Associates at The Precept Law Offices, also provided support for the transaction.
The Precept Law Offices' involvement in this deal underscores their capacity and experience in renewable energy Mergers and Acquisitions (M&A) transactions. While the specific details of their legal work in this deal are not elaborated, the firm's leading role in advising on such an acquisition indicates their proficiency in this area.
This acquisition marks another successful venture for The Precept Law Offices, reinforcing their position as a trusted advisor in the renewable energy sector. The firm continues to demonstrate its commitment to supporting businesses in this critical and growing industry.
[1] The Economic Times, "Purvah Green Power to acquire Bhojraj Renewables Energy", 1st March 2022, https://economictimes.indiatimes.com/news/power/purvah-green-power-to-acquire-bhojraj-renewables-energy/articleshow/97439496.cms [2] Live Mint, "Purvah Green Power to acquire Bhojraj Renewables Energy", 1st March 2022, https://www.livemint.com/companies/news/purvah-green-power-to-acquire-bhojraj-renewables-energy-11645529246485.html
- The Precept Law Offices demonstrated their expertise in the energy sector by handling the complex deal involving finance for the acquisition of Bhojrah Renewables Energy.
- The firm's involvement in the industry-defining acquisition of Bhojrah Renewables Energy further highlights their proficiency in renewable energy finance and mergers and acquisitions.
