Linklaters Advised Greenko On US$1bn High Yield Bond Issuance

Linklaters Advised Greenko On US$1bn High Yield Bond Issuance

The funds will be used for refinancing the pumped storage project in Andhra Pradesh, India

Prestigious multinational law firm Linklaters has advised Greenko Wind Projects (Mauritius) Ltd, a subsidiary of Greenko Energy Holdings, on the issuance of US$ 1 billion 7.25 percent senior bonds due 2028.

The proceeds will be utilized to refinance the indebtedness of the 1,680 MW Pinnapuram standalone pumped storage project in Andhra Pradesh, India.

Greenko is one of the world’s leading energy transitions and decarbonization solutions companies. It has an installed renewable energy capacity of 10 GW across wind, solar and hydro, with presence across 15 Indian states.

Linklaters’ capital markets practice offers clients cutting-edge expertise across capital markets products combined with in-depth local market knowledge.

The team has been involved in some of the most significant deals in India, in terms of volume, deal size and complexity, demonstrating a deep understanding of the legal, policy and regulatory issues.

The Linklaters team was led by Partner and Head of India Practice, Head of South and Southeast Asia Capital Markets, Singapore, Amit Singh and Capital Markets Partner Michele Discepola (Singapore). They were supported by senior US associate Grace Yumul-Villanueva, and associates, Yosua Kanata, Utkarsh Mishra and Howard Tigris.

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