Khaitan & Co advised Total in relation to the acquisition of indirect interest of 23% in EREN Renewable Energy S.A. by subscription to a capital increase for an amount of €237.5m. The transaction also gives Total the possibility to take over control of EREN after a period of five years. Dibyanshu (Partner), Anuj Sahay (Principal Associate), Prateek Bhandari (Senior Associate), Shikha Rastogi (Associate) and Sagar BM (Associate) represented the client in relation to the transaction with assistance from Manas Kumar Chaudhuri (Partner), Sagardeep Rathi (Associate Partner) and Dhruv Rajain (Senior Associate) on competition law aspects.
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