May 26, 2017
2i CAPITAL INVESTS IN SWAN ENERGY LIMITED
2i Capital PCC, a private equity fund established in Mauritius, has acquired a 10% stake (approx.) in Swan Energy Limited for USD 70 million (approx.).
2i Capital PCC specializes in growth capital investments, with a focus to invest in India and other markets.
Swan Energy Limited, a publicly listed company, focusses on infrastructure and energy sectors.
We, at Nishith Desai Associates, acted as the legal, tax and regulatory counsel to 2i Capital PCC for this transaction.