Indigrid is one of the leading independent power transmission companies operating in the private sector, with extensive experience in bidding, designing, financing, constructing and maintaining power transmission projects across IndiaMidCap Alliance Indian partner Edelweiss Financial Services has successfully closed a transaction as the Sole M&A Advisor to India Grid Trust for raising funds from KKR and GIC through a preferential allotment and subsequently acted as the Left Lead GCBRLM to successfully close the INR 25,140 Mn Qualified Institutions Placement.
This deal represents the largest advisory transaction in the transmission sector in India.