Khaitan & Co advised Just Climate LLP on its follow-on investment of INR 6.22 billion (c. USD 67.5 million) in Continuum Green Energy (following their previous investment of USD 150 million in September 2024).
About Just Climate: Just Climate is established by Generation Investment Management and the firm is a specialist investment business focused on scaling solutions for the highest-emitting, most off-track sectors of the economy.
About Continuum Green Energy: Continuum Green Energy Limited is one of the leading renewable energy groups in India focused on supplying green energy to commercial and industrial consumers through a portfolio of renewable energy generation assets in India.
The Firm was involved in providing end-to-end legal support to Just Climate LLP, including: (i) advice on structuring; (ii) negotiation of transaction documents; and (iii) assistance with signing and closing of the transaction documents.
The deal was assisted by:
Competition / Antitrust: Anisha Chand (Partner), Soham Banerjee (Counsel) and Siddharth Pravin Bagul (Principal Associate)
Direct Tax: Rahul Jain (Partner) and Jinisha Jain (Senior Associate)
Funds: Divaspati Singh (Partner), Shikhar Kacker (Partner), Khusboo Agarwal (Principal Associate) and Samarth Chopra (Senior Associate)
Capital Markets: Abhimanyu Bhattacharya (Partner), Aditya Cheriyan (Partner) and Vijayaraghavan (Partner)
The core team consisted of Kartick Maheshwari (Partner), Shantanu Gupta (Partner), Mukul Aggarwal (Partner), Hardik Adlakha (Senior Associate), Chaitanya Kishore Sunkara (Associate)