Deal Highlights:

• Diversified Energy InvIT with an initial AuM of approx. INR 23,000 mn
• First diversified energy InvIT to be listed in the last 5 years
• Initial portfolio of 2 transmission projects of 855 ckms followed by ROFO of 12 solar assets of 813 MWp
• Stable cash flows from Initial Portfolio Assets with minimal counterparty and operational risks
• Managed by an experienced team with expertise in managing infrastructure assets with strong support from the Sponsor

Our Contribution: Distribution Powerhouse

• 4th InvIT transaction for us, Making us the ‘Go to Banker’ for InvITs
• Provided end-to-end client handholding and involved only in the marketing of the issue
• In a 3-bank syndicate, procured highest share of ~63% by number of investors and ~44% of the total funds raised