Veritas Legal advised Siemens on the deal.
Siemens executed a power purchase agreement with Sunsole Renewables and a share subscription and shareholders agreement for acquiring a 26% stake in the company for up to INR16 million (USD215,000).
Sunsole Renewables is a special purpose vehicle of a company set up by Singapore-based Cleantech Solar.
The Veritas Legal team included partners Kunal Doshi (Picture), Natasha Sethna, associates Karun Jhangiani and Anish Patel.
Law Firms: Veritas Legal;