Continuum Green Energy Limited has executed definitive agreements pursuant to which Chubu Electric Power Co., Inc., a major Japanese electric utility, through its affiliate, will invest ₹1,350 crores (~$145 million) in Continuum through a combination of primary subscription and secondary acquisition of equity shares.

JSA Advocates & Solicitors advised Continuum Green Energy on this transaction.

The transaction was led by Rashi Saraf (Partner) and Vinit Patwari (Partner), with support from Martin Mathews (Senior Associate).

The transaction is subject to receipt of customary regulatory approvals, including approval from the Competition Commission of India.

Continuum Green Energy is one of India's leading renewable energy platforms focused on developing, owning, and operating utility-scale wind, solar, and hybrid energy projects.

Earlier this year, Continuum secured a $67.5 million investment from from Just Climate, with Trilegal and Khaitan & Co advising on that transaction.

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