Linklaters advises on the initial placement of units in AnZen Trust – Edelweiss Alternatives’ first diversified energy infrastructure trust

Linklaters advised the lead managers on the initial placement of units in AnZen India Energy Yield Plus Trust (AnZen Trust), Edelweiss Alternatives’ maiden diversified energy infrastructure trust (InvIT), focussing on high quality energy assets, with an initial asset under management of more than INR 2,300 crore (approximately US$282m).

AnZen Trust will invest in a diversified portfolio of energy assets, including transmission lines and renewable power projects.

The lead managers on the transaction included Axis Bank Limited, Credit Suisse and Edelweiss Financial Services Limited.

The Linklaters team was led by Head of South and Southeast Asia Capital Markets Amit Singh, with support from counsel Joseph Wolpin and managing associate Anandee Banerji.

Capital markets partner Amit Singh commented:

“We thank our clients for their continued trust and confidence in our team to support them on strategic transactions like this. The launch of the InvIT represents a key milestone in Edelweiss Alternatives’ product portfolio expansion and we congratulate all parties involved on this successful transaction.”

Linklaters has an established reputation as a leading Indian equity capital markets practice, offering technical expertise and commercial awareness to create novel solutions to maximise investment opportunities. The team has worked with India’s leading corporates as they invest both within and outside India across a wide range of sectors.