Edelweiss Real Assets Managers closes its maiden energy infra investment trust

23 Nov 2022 , 01:35 AM

Edelweiss Real Assets Managers part of Edelweiss Alternatives Indias largest alternative asset advisor today announced the successful close of AnZen India Energy Yield Plus Trust AnZen Trust its maiden energy infrastructure investment trust InvIT AnZen Trust is a diversified and growth-oriented energy InvIT focusing on high quality energy assets with an initial AUM of over Rs 2300 crore The fund raise of AnZen Trust was through private placement and received an encouraging response from a diversified set of institutional and other eligible investors who hold ~26Percentage of the units Sekura Energy is the Sponsor of Anzen Trust and Edelweiss Real Assets Managers is the Investment Manager AnZen Trust would be looking to invest in a diversified portfolio of energy assets including transmission lines and renewable power projects to provide long term predictable yield and growth to its investors AnZen Trust has acquired two operating inter-state transmission assets located in the states of Punjab Haryana and Bihar These assets have a residual transmission service agreement tenure of over 30 years under the point of connection PoC mechanism managed by Power Grid Corporation of India PGCIL Additionally it also has got the right of first offer ROFO on the shareholding of its SponsorAffiliates in 12 solar energy assets with an aggregate generation capacity of ~813 MWp