Dua Associates Completes 4 Back-To-Back Transactions For Fourth Partner Energy

LIVELAW NEWS NETWORK

25 March 2022 8:01 AM GMT

  • Dua Associates Completes 4 Back-To-Back Transactions For Fourth Partner Energy

    Bengaluru/ Hyderabad, March 2022:

    Contributing to India's move towards achieving its Clean Energy goals, Dua Associates team of Partners Manoj Menon and Sharan Balasubramanian completed three transactions on behalf of client Fourth Partner Energy Private Limited, India's leading distributed solar energy firm focusing on building and financing solar projects.

    The completed deals include advising the client on the financial facility availed by them from Investec and CDC Group and assisting the client in the acquisition of 140MW solar portfolio from Renew Power.

    Earlier, the team led by Partner Siddharth Suresh completed another deal wherein they advised a subsidiary of Fourth Partner Energy on the financial facility availed from Vivriti Capital including the structuring, reviewing and finalizing of the transaction documents. The total value of the four transactions is INR 13,820 million.

    Hitting a 4 makes us buoyantly optimistic about the clean energy space.

    About Dua Associates:

    Dua Associates is a leading law firm in India with a thirty-five-year-old track record of delivering critical legal solutions for its clients including Fortune 500 companies, financial institutions, governments and SMEs. The Firm is widely recognized for the depth of experienced legal talent and the significant experience of its 250+ professionals including 80 partners.

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