
Trilegal and Cyril Amarchand Mangaldas have advised on Brookfield Asset Management's $900 million sale of a 1.6 GW portfolio of solar and wind assets in India to Gentari Renewables India, a Petronas Group company.
The transaction, structured in two phases, marks Brookfield's first full-cycle portfolio monetization in India for its renewable power and transition business.
Nawal Saini, managing director and head of renewable power and transition, South Asia and the Middle East at Brookfield, noted: "Our focus is on delivering value to our stakeholders while advancing the country's energy transition. With nearly 40 GW of wind and solar assets across various stages, our overall portfolio reflects our long-term commitment in India."
The Brookfield-Gentari deal adds to the flurry of high-value transactions in India's renewable energy sector in 2025, which has seen increased M&A activity. Major deals this year include ONGC Green's $2.3 billion acquisition of Ayana Renewable Power, JSW Energy's $1.47 billion purchase of O2 Power, Blueleaf Energy's $400 million investment in Jakson Green's solar projects, and the formation of the $300 million EnerGrid platform by Norwegian and British investors with IndiGrid.
Trilegal acted as transaction counsel for Brookfield, advising on all legal aspects of the sale process. The Trilegal corporate team was led by partner Ankush Goyal and included partner Deep Choudhuri, counsel Namrata Bhagwatula, senior associates Purvi Kaya, Nikhil Issar, Arunima Singal, and Jatin Sharma, along with associates Natansh Jain, Pallav Gupta, Aditya Shah, Akhil Kumar, Ananya Mohapatra, Sakshi Sharma, Ipshita Dey, Mayank Jain, Gauri Jindal, and Shubh Arora.
Cyril Amarchand Mangaldas represented Gentari Renewables India on all legal aspects related todue diligence and investment. The CAM team was led by partners Ajay Sawhney and Aditi Misra, with support from principal associate Aditya Prakash.
CAM partners Sreetama Sen (corporate), Ankita Ray (employment), Vishal Binod (regulatory), Vijay Pratap Singh Chauhan (antitrust) and Ashish Jain (real estate) assisted on the deal.