Global law firm Norton Rose Fulbright has advised Caisse de Depot et Placement de Quebec, Kuwait Investment Authority and State General Reserve Fund of Oman in a USD 850 million investment platform with Tata Power and ICICI Venture for investments into thermal and hydro power assets in India.
This involved the creation of a bespoke platform to facilitate investment in power projects in India in the coming two to three years. It combines the expertise of two of India’s leading business groups along with internationally-reputed sovereign wealth funds and pension funds.
The platform will enable the investors to establish a greater presence in India, the world’s fifth largest electricity producing country, and increase their investment footprint in the Indian infrastructure ecosystem.
Khaitan & Co advised the investors on Indian law and the counterparties were advised by Akin Gump and AZB. The Norton Rose Fulbright team was led by Singapore based corporate partner Sheela Moorthy with assistance from Dexter Tan and Arthur So.
For further information please contact:
Jessica Man, Marketing and Communications Executive, Asia
Tel: +852 3405 2445
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