L&L Partners advises L&T Finance, Sequoia in separate deals

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LE Desk

New Delhi, June 28, 2022: L&L Partners has advised L&T Finance Limited in connection with financial assistance made available to a subsidiary of Renew Power Private Limited, the Law Firm has said.

The Banking & Finance team at L&L Partners Law Offices advised L&T Finance Limited in connection with financial assistance for an aggregate principal amount of Rs 595 crore (approx.) made available to a subsidiary of Renew Power Private Limited for its operational wind power project located at Babaleshwarand Batkurki districts of Karnataka.

The transaction team was led by Karan Mitroo (Partner) who was ably assisted by Pragya Verma (Associate), the Firm said in a press statement.

The team in record time completed the transaction and was involved in drafting, reviewing, negotiation, finalization and execution of the financing and security documents, it further said.

The Firm also recently advised Sequoia in the Series A round of investment in Huspy Technology Limited, a leading mortgage brokerage and real estate buying and selling platform carrying on business in the regions of Europe, the Middle East, and Africa, cumulatively raising USD 37 million.

The Firm acted as legal counsel to Sequoia and was involved in reviewing, negotiating, and finalizing the transaction documents, it said.

The transaction team was led by Nitin Gera (Partner) and ably assisted by Kartik Chatrath (Associate).

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