JSA Advocates & Solicitors advised Clean Max Tasman Private Limited, a subsidiary of Clean Max Enviro Energy Solutions Limited, in relation to external commercial borrowing, along with letter of credit facilities, standby letter of credit facilities and a bridge LC facility, availed from a consortium of banks comprising BNP Paribas, Sumitomo Mitsui Banking Corporation and Société Générale. The financing has been undertaken for the construction and operation of a 140 MW (AC) wind power project in the state of Karnataka, India. The overall borrowing under the transaction stands at USD 124,629,000.
The JSA team comprised Karan Mitroo, Partner, Kartikeya Dubey, Partner, and Aditya Bhayal, Senior Associate.
Karan brings nearly 17 years of extensive experience in foreign and domestic debt financing in India. He advises leading clients across sectors such as renewables, infrastructure, real estate, healthcare, and hospitality.