en.Wedoany.com Reported - An integrated renewable energy project spanning the Indian states of Rajasthan, Maharashtra, and Karnataka, which combines wind, solar, and battery storage to deliver stable, dispatchable green power, has secured a $730 million equivalent green loan facility in USD/JPY.

The financing was provided by a syndicate of 12 banks, with lead arrangers including Standard Chartered Bank, Société Générale (GIFT City), Sumitomo Mitsui Banking Corp. (Singapore), and Bank of America. The funds will be used to refinance the project's existing senior debt and meet other project costs and capital expenditure requirements.

Norton Rose Fulbright's Singapore team provided legal services for the financing, led by partner Ben Carrozzi, along with counsel Selene Tan, special counsel Sunny Jong, associate Alden Tan, and trainee associate Uma Suri. Ben Carrozzi stated that India continues to lead the region's energy transition, and this transaction highlights the growing role of international capital in scaling up round-the-clock integrated renewable energy solutions. As financing structures evolve and offshore liquidity deepens, hybrid projects will become key to providing stable power, alleviating grid bottlenecks, and supporting emerging demand for corporate power purchase agreements, green fuels, and digital infrastructure.

The firm offers a full range of legal services in the renewable energy sector and is widely recognized for its involvement in pioneering jurisdiction-first and technology-first renewable energy projects globally, particularly in the Asia-Pacific region.