Lead Manager to the Private Listing of Anzen India Energy Trust

Private Invit

Service

November 2022

Date

Infrastructure

Sector

INR 7,500 MN

Deal Value

Lead Manager to the Private Listing of Anzen India Energy Trust

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