BanyanTree Growth Capital II LLC, a structured private equity fund, has invested Rs. 50 crore ($8.5 million) in Bangalore-based renewable power generation firm Atria Brindavan Power Ltd..Kochhar & Co. advised Atria with a team led by Senior Partner and Regional Managing Partner (Mumbai) Harry Chawla along with Senior Associate Trupti Guha..Juris Corp acted as legal counsel for BanyanTree. The Juris Corp team included Partner Hoshedar Wadia, who has recently left the firm and moved to London along with Senior Associates Nitu Agarwal and Danish Chiniwala..Atria will use the infusion of new capital to accelerate its aggressive growth strategy..Atria Group, with current operating capacity of over 45 MW in Small Hydro Power plants (SHP), is augmenting its SHP capacity further and also expanding into other verticals of renewable energy like wind and solar power.
BanyanTree Growth Capital II LLC, a structured private equity fund, has invested Rs. 50 crore ($8.5 million) in Bangalore-based renewable power generation firm Atria Brindavan Power Ltd..Kochhar & Co. advised Atria with a team led by Senior Partner and Regional Managing Partner (Mumbai) Harry Chawla along with Senior Associate Trupti Guha..Juris Corp acted as legal counsel for BanyanTree. The Juris Corp team included Partner Hoshedar Wadia, who has recently left the firm and moved to London along with Senior Associates Nitu Agarwal and Danish Chiniwala..Atria will use the infusion of new capital to accelerate its aggressive growth strategy..Atria Group, with current operating capacity of over 45 MW in Small Hydro Power plants (SHP), is augmenting its SHP capacity further and also expanding into other verticals of renewable energy like wind and solar power.