Dhir & Dhir Associates concluded year 2024 with a successful closure of high priority deal in an expedited timeframe, enabling Power Finance Corporation to release INR. 1709.00 Million to an SPV of Juniper Green Energy within scheduled timelines. Juniper Green Energy is an independent renewable energy power producer and operator of solar, wind and hybrid power projects with significant experience in conceptualizing, building, and developing renewable energy assets. The funds will be used for setting up 50 MW (70 MWp) solar PV power project in District – Bikaner, Rajasthan.

The firm provided end-to-end support for the transaction, including drafting, negotiating, and finalizing the financing documents, conducting due diligence on SPV and the project, issuance of pre-commitment and disbursement compliance reports and completing other related activities.

The team was led by Guranpreet Singh Sarna, Partner and Shikha Singh, Associate Partner with their team Avlokita Kanwar, Senior Associate and Aekamjyot Singh, Associate.