Shardul Amarchand Mangaldas Advises Tata Capital Limited on ₹300 crore framework financing for Renewable Energy Projects of Hexa Climate Solutions Private Limited

February 12, 2026

Shardul Amarchand Mangaldas & Co. acted as legal counsel to Tata Capital Limited in connection with ₹300 crore framework rupee facilities financing for multiple renewable energy projects to be implemented by Hexa Climate Solutions Private Limited through identified special purpose vehicles.

The transaction involved a secured framework financing structure comprising a combined commitment of ₹300 crore, available on an interchangeable basis between a rupee term loan facility and a letter of comfort facility, to part-finance multiple identified renewable energy projects undertaken by Hexa Climate Solutions Private Limited. The borrower is promoted by Hexa Renewables India Investments Pte. Ltd., part of the I Squared Capital group.

The financing provides a flexible, portfolio-style funding platform for the deployment of capital across multiple renewable assets, supporting scalable project execution and efficient capital allocation across Hexa’s renewable energy pipeline.

The SAM transaction team was led by Anurag Dwivedi, Partner, with support from Prince Singh, Principal Associate; Chaitanya Kashyap, Associate; and Agrima Aron, Associate.