Financing by SBI for Acquisition of Mytrah Energy Assets

Cyril Amarchand Mangaldas (“CAM Team”) advised State Bank of India (“SBI”) on extending a term loan of INR 1400 crores to JSW Energy Limited (“JSW Energy”) for the acquisition of  1,753 MW of renewable energy assets of Mytrah Energy (India) Private Limited (“Mytrah“) by JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy. This is the largest ever acquisition made by JSW Energy.

The transaction team comprised of Ramanuj Kumar,  Aiswarja Mohanty, Shrey Srivastava and Mohak Thukral.