JSA, a national law firm in India, has advised Axis Bank Limited on financing Gentari Renewables Finnsurya Energy’s 185 MW solar portfolio. The projects were located at Bhadla Solar Park in Rajasthan, Pavagada Solar Park in Karnataka, Bhilwara in Rajasthan and Kapeli in Madhya Pradesh. The transaction was structured to manage a diversified portfolio across multiple sites. It included refinancing of a term loan, capital expenditure, project development, and working capital facilities. Provisions were made for letters of credit and bank guarantees. Regulatory compliance was customised due to a Singapore-based shareholder, with tailored undertakings. A comprehensive security package was implemented through assignment of receivables, hypothecation of assets, escrow arrangements, and lender step-in rights. These measures were designed to protect the lender and ensure effective project cash flow management.