Cyril Amarchand Mangaldas advised Apple South Asia Pte. Ltd. with respect to its investment in Clean Max Hyperion Power LLP (Clean Max Group). As a part of this venture, Clean Max has installed 14.4 MW of rooftop solar projects in India. The capacity will provide local solution to power Apple’s operations in India and address emissions from the Indian operations.
CAM advised Apple on the Indian regulatory requirements of the transaction, conducted due diligence on the projects, negotiated and finalized the transaction documents.
The Project & Project Finance team of Cyril Amarchand Mangaldas advised on the transaction. The transaction team was led by Ajay Sawhney, Partner; with the support of Aditi Misra, Partner; Bhupendra Verma, Partner; Ragini Agarwal, Senior Associate; and Yathansh Joshi, Associate.
Ritika Rathi, Partner; and Sreetama Sen, Partner advised on certain aspects of the transaction documents.
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About Cyril Amarchand Mangaldas
Cyril Amarchand Mangaldas (cam) is India’s leading law firm with a global reputation of being trusted advisers to its clients. The Firm advises a large and diverse set of clients, including domestic and foreign commercial enterprises, financial institutions, private equity and venture capital funds, start-ups, government and regulatory bodies. The Firm generalists,specialists and senior ex-regulators expertly guide clients across a spectrum of transactions,sectors and regulations. The Firm is one of the largest full-service law firm in India and offices in key business centers at Mumbai, Delhi-NCR, Bengaluru, Ahmedabad, Hyderabad, Chennai, GIFT City, Singapore and Abu Dhabi.
The Firm received “National Law Firm of the Year: India” at the IFLR Asia-Pacific Awards for the second consecutive years in 2023 and 2022 and “Innovation in Advancing Markets” award at the FT Innovative Lawyers Asia Pacific 2022 Awards. The Firm had won “India Deal Firm of the Year” at the ALB India Awards and “Firm of the Year” at the IFLR1000 India Awards in 2022.
