Specialising in project finance and assisting clients across the lifecycle of infrastructure and energy projects, Phoenix Legal's banking and finance team advises sponsors, developers, lenders, multilateral agencies, credit agencies and government bodies. The team also focuses on structured finance, with an emphasis on complex securitisation and asset-backed financing transactions. From Mumbai, Sawant Singh, an expert in private equity, securitisation, asset reconstruction, debt restructuring and consortium lending, and Rohit Sharma, who is experienced across financing transactions, debenture issuances and external commercial borrowings, lead the team. Team co-head Harsh Arora, who specialisies in syndicated and bilateral lending, project finance and equity-linked investments, leads the team in New Delhi.
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Key clients
- HDFC Bank Limited
- REC Limited
- State Bank of India
- Power Finance Corporation Limited
- State Bank of India
- IndusInd Bank Limited
- Punjab National Bank Limited
- Bank of India
- SAMHI Hotels Limited
- Bank im Bistum Essen eG
- Umi Capital Services Private Limited
- Finnfund
Work highlights
Acted as lender’s counsel to REC Limited, a Maharatna infrastructure finance company, in connection with INR 14,089.26 crore financing extended to two SPVs promoted by Jindal Power Limited for the development of a 1,400 MW wind power project spanning Karnataka and Tamil Nadu, and a 1,400 MW solar power project in Rajasthan.
Advised Bank of India as lender’s counsel for an INR 2000 crore financing to SJVN Green Energy Limited towards funding of the ongoing/upcoming projects undertaken/ to be undertaken by SJVN Green Energy Limited.
Acted as lender’s legal counsel to Power Finance Corporation Limited for an INR 243.33 crore rupee term loan facility towards a 13.19 MW waste-to-energy project.
Practice head
Sawant Singh; Harsh Arora; Rohit Sharma
Other key lawyers
Piyush Mishra; Shivani Sinha