Luthra and Luthra Law Offices India Advises Lenders In Financing For Zenataris Renewable Energy Projects
Luthra and Luthra Law Offices India acted as the Lenders' Legal Counsel for Union Bank of India, India Infrastructure Finance Company Limited and Bank of India, in relation to the financial assistance aggregating to INR 1436 Crore made available to Zenataris Renewable Energy Private Limited, an SPV of Fourth Partner Energy Private Limited, for the purpose of inter alia, part financing the project cost in relation to 66 MW wind power project at Vijayanagar District, Karnataka and 62.7 MW wind power project and 155 MW solar power project at Vijayanagar District, Karnataka.
This has, by far, been the largest debt financing tied up by the Fourth Partner group till date.
The transaction team was led by Managing Associate Ankita Parasar, and comprised of Senior Associate Samarth Sharma and Associates Aishwarya Dixit, Riddhi Sri and Harshil Kakkar, under the able guidance of Partner, Karan Mitroo.