Ashurst advised Enel Green Power on the acquisition of a majority stake in Indian wind and solar power producer BLP Energy, which is one of the largest renewable energy companies in India with wind plants having a total capacity of 172 MW and a portfolio of approximately 600 MW of wind projects in different stages of development.

With this transaction Enel Green Power enters the Indian renewables market, marking the Enel Group's first move into the Asia-Pacific region thus reaching more than 10 GW of net installed capacity globally.

The Ashurst team was led by partner Carloandrea Meacci assisted by partner Keith McGuire, counsel Umberto Antonelli and associate Federica Periale. Indian law advice was provided by Law Firm Khaitan & Co, led by partner Joy Jacob.