The firm has advised L&T Infrastructure Finance Company Limited, for the financial assistance of aggregating up to INR 560.00 Million sanctioned by L&T Infrastructure Finance Company Limited in the form of working capital rupee facility to ACME Jaipur Solar Power Private Limited (a subsidiary of ACME Solar Holdings Limited), for the purpose of working capital requirements of the company’s 325 MWp DC capacity solar power project at Rewa Ultra Mega Solar Park in the State of Madhya Pradesh.

Girish Rawat, Partner-led the Firm’s banking and project finance team on the above transaction. The other team members included Varun Chauhan, Senior Associate and Ashneet Chhabra, Associate. The scope of work included conducting due diligence on the borrower company and its promoter(s), drafting of the financing and security documents and issuing an opinion on the legal issues.