Trilegal Advised Bluspring Enterprises On Acquisition Of Steag Energy Services (India)

Trilegal advised Bluspring Enterprises on acquisition of Steag Energy Services (India)

The leading law firm in India, Trilegal advised Bluspring Enterprises Limited on its acquisition of the India business of STEAG Power GmbH. The transaction involves the acquisition of Steag Energy Services (India) Private Limited (SESI) through Bluspring’s wholly-owned subsidiary, Bluspring New Horizon One Private Limited.

SESI currently has two subsidiaries, STEAG Energy Services (Botswana) (Pty) Ltd., a wholly-owned subsidiary based in Botswana, and STEAG O&M Company Private Limited, a joint venture with Hinduja Energy (India) Limited. Upon completion of the transaction, both entities will become step-down subsidiaries of Bluspring. SESI is a leading service provider in the power and energy sector, offering operations and maintenance (O&M), digital solutions, and end-to-end engineering and management advisory services across the electricity value chain.supported by a team of nearly 2,000 professionals and a strong international presence.

Bluspring, a Fairfax-backed listed company, is an integrated infrastructure services enterprise with a workforce of over 90,000 operating across 28 states, serving more than 1,000 customers across multiple sectors. The acquisition is expected to strengthen Bluspring’s capabilities across upstream and downstream power services and support its expansion in India and international markets.

Trilegal advised on all aspects of the transaction, including drafting and negotiating transaction documents, conducting legal due diligence, and coordinating with Botswana counsel for regulatory approvals.

The Trilegal team was led by Abhishek Dubey (Partner), with support from Sarthak Sood (Senior Associate), Pulkit Gera (Associate), Sagnik Sarkar (Associate), and Aditya Kaushik (Associate).

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