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.