April 28, 2025
Shardul Amarchand Mangaldas & Co. advised Aditya Birla Capital Limited (Lender) in relation to the grant of a term loan facility to Juniper Green Ray Two Private Limited (Borrower). The funding supports the development of a 150 MWAC/218 MWDC solar photovoltaic power plant located in Solapur District, Maharashtra. The transaction is valued at approximately INR 533 crore. The transaction was signed on 17 November 2024 and is expected to close by 30 June 2025.
The SAM & Co. team was led by Anurag Dwivedi, Partner; Prince Singh, Principal Associate; and Amitanshu Saxena, Associate.
Juniper Green Ray Two Private Limited and Juniper Green Energy Private Limited were represented by their in-house legal teams.
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