Akhil Bhatnagar is a Partner in the Energy, Infrastructure and Resources Practice Group in the Mumbai office. Akhil focuses on M&A and Projects and has over 13 years of experience in corporate commercial matters, acquisitions and joint ventures. He specialises in advising financial and strategic investors on energy and infrastructure projects and other clients on their overseas acquisitions of natural resources including in Africa, Australia and South America.
Akhil has assisted developers on regulatory work and in bidding for projects including for dedicated freight corridors, port berth construction and highways and was also involved in consortium agreements and joint bidding agreements. He is also actively involved in bid structuring/modelling infrastructure project development, bidding and acquisitions.
- Bar Council of Madhya Pradesh
Akhil Bhatnagar has represented and advised the following clients
Shapoorji Pallonji Infrastructure Company Limited
Advised on sale of 4 solar SPVs to Sprng Energy a renewable energy growth platform set up by Actis.
National Investment and Infrastructure Limited and Green Growth Equity Fund
Advised on the collective equity investment into a renewable platform of the CDC Group plc. and the the inter-se arrangement between the National Investment and Infrastructure Limited and Green Growth Equity Fund for their collective equity investment.
Caisse de dépôt et placement du Québec (CDPQ)
Advised on the India leg of USD 75 million investment in Azure Power Global Limited, Mauritius. The investment was made in a concurrent private placement with Azure Power Global's initial public offering. CDPQ now holds a significant minority interest in Azure Power Global.
Tenaga Nasional Berhad
Advised on primary acquisition by Power and Energy International (Mauritius) Limited, a wholly owned subsidiary of Tenaga Nasional Berhad, Malaysia of 30% stake in GMR Energy Limited for USD 300 million.
TNB Topaz Energy Sdn. Bhd.
Advised on investment in equity shares and compulsorily convertible debentures of GMR Bajoli Holi Hydropower Private Limited.
An L N Bangur Group company
Advised on investment by client and an SPV for supply of power to an offtaker on a captive consumption basis.
Advised on two turnkey solar power projects in India through its subsidiary in India. Involved in drafting, negotiation and finalization of Erection and Construction Contract, Supply Contract, O&M Contract, Shared Services, Wrap Agreement and Lease Agreement with Rays Infra and Photon.
Advised on (i) first overseas acquisition of 50% equity stake in Legacy Iron Ore, a listed company on Australian stock exchange; and (ii) acquisition strategy to acquire certain mineral assets (coal & iron ore) in U.S., Australia, Mozambique and Brazil.
NEA a private equity fund
Advised on significant minority investment into Trishe Renewable Energy Solutions Pvt. Ltd., a wind EPC end-to-end solution provider company.
Mergers and Acquisitions, Private Equity, Estate Planning, Trusts and Private Client
Partner, New Delhi
Mergers and Acquisitions, Private Equity, Restructuring & Insolvency