Paris-based independent power producer Total Eren SA and EDF Renouvelables, of the Electricite de France SA group (EPA:EDF), have achieved financial close on a 450-MWp solar project in India.

— Renewablesnow

Herbert Smith Freehills advised Total-Eren S.A and EDF Renouvelables SA as sponsors and their project vehicle Eden Renewable Cite Private Limited, led by a team of London-based partner Martin Kavanagh, He was supported by senior associate Dhananjaya Chak, associates Josh Attard and Mika Morissette and trainee solicitors Dammy Sokale and Thomas Eldred. Advice on hedging aspects was provided by partner Nick May and associate Vladi Resnik.

L&L Partners advised the sponsors in relation to the Indian law aspects of this transaction.

Clifford Chance was legal counsel for the lenders.

Trilegal advised the lenders in relation to the Indian law aspects of this transaction.

2021-01-06

Deal value: USD165 million

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