JSA and Dentons Link Legal advised on Chubu Electric Power’s US$145 million investment in Continuum Green Energy.

The investment will be made through a combination of primary subscription and secondary acquisition of equity shares. The transaction remains subject to customary regulatory approvals, including approval from the Competition Commission of India.

The transaction reflects the continued growth of India’s renewable energy market and the increasing importance of clean energy procurement for commercial and industrial customers, including Japanese companies operating in India.

Continuum Green Energy supplies renewable power to commercial and industrial customers across India through corporate power purchase agreements and operates wind and solar power projects across Gujarat, Maharashtra, Madhya Pradesh, Tamil Nadu, Rajasthan, and Karnataka.

JSA Advocates & Solicitors advised Continuum Green Energy on the transaction.

The JSA team was led by Partners Rashi Saraf and Vinit Patwari, with support from Senior Associate Martin Mathews.

Dentons Link Legal advised Chubu Electric Power Co., Inc. on the investment.

The Dentons team was led by Partners Rajesh Pal and Prashanth Sabeshan, The team also included Partners Milind Jha, Ankur Loona, Aditya Singh, Aditya Bharadwaj, Nidhi Patania, Gyanendra Mishra, Rahul Bagga, Mohit Porwal, and Prasanta Sahu.

The partners were supported by Counsels Mihir Roy, Pooja Ramachandra and Himanshi Khanna, Senior Associates Rinki Singh and Khushi Yadav, Associates Shristi Bose and Divyanshu Vyas, and other team members. Additional transaction documentation support was provided by Counsel Paul Flynn (UK) and Associate Jumanah Jan (Saudi Arabia).