Khaitan & Co advised IDFC Alternatives Limited in relation to buy-out of 100% legal and economic interest of the First Solar group in 4 (four) special purpose vehicles engaged in implementation of 7 (seven) operational solar power projects in Telangana and Andhra Pradesh with an aggregate capacity of 190 MW, namely – Mahabubnagar Solar Parks Private Limited, Polepally Solar Parks Private Limited, Hindupur Solar Park Private Limited and Winsol Solar Fields (Polepally) Private Limited. The core transaction team was led byKartick Maheshwari (Partner), Shantanu Gupta (Senior Associate) and Vinita Choudhury (Senior Associate) with assistance from Akhil Bhatnagar (Partner), Samridha Neupane (Senior Associate), Arjun Bhattacharya (Associate), and Dhruv Chopra (Associate) on the diligence aspects.