Luthra And Luthra Advises HDFC Bank On INR 4180 Million Financing For BluPine Energy's 120 MW Gujarat Solar Project
Luthra and Luthra Law Offices India acted for and advised HDFC Bank in connection with financial assistance of INR 4180 Million granted to a SPV of Blupine Energy for its 120 MW solar project in Sadla, Gujarat.
Blupine Energy is a global leading renewable energy services company established by Actis, a global investor and leader in funding and building sustainable infrastructure companies. With an investment of USD 800 million from Actis' Energy Fund 5, BluPine Energy is dedicated to developing a state-of-the-art 4+GW renewable energy portfolio, exclusively in India.
The transaction team consisted of Partner Girish Rawat with Managing Associate Varun Chauhan and Associates Radha Murali and Garima Upadhyay.