JSA advises Clean Max Tasman on $124.63 million ECB for Karnataka Wind Power Project

Clean Max Tasman Private Limited, a subsidiary of Clean Max Enviro Energy Solutions Limited, has secured $124.63 million via 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.

JSA Advocates & Solicitors advised Clean Max Tasman on this financing transaction.

The transaction team consisted of Karan Mitroo (Partner), Kartikeya Dubey (Partner) and Aditya Bhayal (Senior Associate).

The financing has been undertaken for the construction and operation of a 140 MW (AC) wind power project in the state of Karnataka, India. 

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