Global Renewable Energy Development Holding Company Limited entered into an agreement to acquire Senvion India Limited from Senvion S.A. (DB:SEN) on December 1, 2020. The transaction envisages the transfer of complete ownership of Senvion India along with all assets such as the factory, installed base of O&M and current ongoing projects, intellectual property rights relevant for the Indian market and its strong 300+ team size. The transaction is subject to regulatory approvals. The transaction is expected to close in the first quarter of 2021. Ernst & Young, United Arab Emirates, Financial Advisory Arm acted as financial advisor to Global Renewable Energy Development Holding Company. Rothschild (Middle East) Limited acted as financial advisor to Senvion S.A. Thorsten Bieg, Gerrit Hölzle and Karl-Friedrich Curtze of GÖRG acted as self-administration advisors to Senvion S.A.. Benjamin Parameswaran and Cristina Helena Villafrade of DLA Piper acted as legal and tax advisors and Smruti Shah of Cyril Amarchand Mangaldas acted as legal advisors to Senvion S.A. GLAESER TAX GmbH acted as tax advisor to Senvion S.A. Gautam Saha, Sachin Mehta and Nikhil Bahl of AZB & Partners acted as legal advisers to Global Renewable Energy Development Holding Company Limited.