Raksha Energy Holdings Limited’s £78.9 million acquisition of of AIM-Listed Mytrah Energy Limited

Squire Patton Boggs and Mourant Ozannes advised on the deal

Raksha Energy Holdings Limited finalized its successful takeover of AIM-listed Guernsey company Mytrah Energy Limited (Mytrah), in a transaction that values Mytrah at £78.9 million.

Mytrah is a large independent power producer in the Indian renewable energy sector, which has been listed on the AIM market of the London Stock Exchange since 2010. The company has a portfolio of 1,743 MW of installed and under construction renewable power projects across nine Indian states, and one of the largest wind data banks in India.

Mourant LP Partner John Rochester (Picture) led the team advising Raksha, assisted by Counsel Alex Davies and Associate Alana Nisbet. Raksha was also advised by Squire Patton Boggs LLP in London & Birmingham who managed the transaction in conjunction with exclusive financial adviser, Craven Street Capital Limited.

Involved fees earner: John Rochester – Mourant Ozanne; Alex Davies – Mourant Ozanne; Alana Nisbet – Mourant Ozanne;

Law Firms: Mourant Ozanne;

Clients: Raksha Energy Holdings Limited;