
Anzen India Energy Yield Plus Trust Triples Its AUM to ~INR 6,552 Crore Since Listing
Anzen India Energy Yield Plus Trust (Anzen) has successfully completed unit fund raising through a preferential issue of 5,95,25,000 units at an issue price of INR 117 per unit, aggregating to INR 696.44 crore. This capital raise marks a significant strategic step for Anzen, with the issuance made to a group of investors, to further its commitment in acquiring high-quality energy infrastructure assets. The proceeds from this issue along with external debt have been utilized to acquire 12 assets in renewable (solar) energy from Edelweiss Infrastructure Yield Plus and its affiliates. The enterprise value of these renewable (solar) assets, corresponding to a 74% stake, stood at ~INR 2,520 crore. With the completion of these acquisitions, Anzen’s portfolio has grown to 15 energy assets across transmission and renewable (solar) Assets, almost tripling its AUM since listing. These acquisitions are in line with Anzen’s vision of becoming a trusted and valued investment platform by creating long-term value for its unitholders.
Key Highlights
- Anzen India Energy Yield Plus Trust has raised INR 696.44 crore through a preferential issue of units.
- The funds have been used to acquire 12 renewable (solar) energy assets from Edelweiss Infrastructure Yield Plus and its affiliates.
- The enterprise value of these assets stands at ~INR 2,520 crore, corresponding to a 74% stake.
- Anzen’s portfolio has grown to 15 energy assets, almost tripling its AUM since listing.
- The acquisition aligns with Anzen’s vision of becoming a trusted and valued investment platform.