Luthra advises Radiance Renewables on availing financial assistance from Axis Bank and Standard Chartered

2 SPVs of Radiance Renewables, managed by Eversource Capital, have availed financial assistance aggregating to ₹7,150 million from Axis Bank and Standard Chartered.

Luthra and Luthra Law Offices India advised Radiance Renewables on this financing deal.

The transaction team consisted of Girish Rawat (Partner), Ashneet Chhabra (Senior Associate) and Pranav Dwivedi (Associate).

The funds will be utilized for a solar power park with an installed capacity of 150MW AC along with interconnection facilities being set-up in Mol- Manjarwadi, Maharashtra.

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