Rich May: News

August 2009

Rich May Client Astonfield Renewable Resources Limited Receives Government Approval for Solar Power Allocation

Rich May client Astonfield Renewable Resources Limited, through its wholly-owned subsidiary Astonfield Solar (Gujarat) Private Limited (“Astonfield”), has received approval from the government of Gujarat, India to construct an initial 25 MW solar photovoltaic power plant in Gujarat. This approval represents one of the largest allocations of solar PV power generation to be awarded by the state of Gujarat. It also marks the beginning of Astonfield’s broader $90M program to construct 200 MW of solar PV power plants in the state of Gujarat. Once fully commissioned in 2010, it will be the single largest solar PV project in South Asia. The allocation underscores Astonfield’s leadership in the sector and validates Astonfield’s world class project development and execution capabilities.

About Astonfield Renewable Resources Limited
A member of the Astonfield Group of Companies, Astonfield Renewable Resources Limited (ARRL) aspires to satisfy the growing energy needs of rapidly developing regions such as the Indian Subcontinent, Middle East and Africa through a foundation of clean, locally sourced and readily available energy. ARRL is the only pure play, multi-modality renewable energy company focused on the Indian Subcontinent with proven technology solutions for solar, biomass and municipal solid waste-to-energy based power.

To-date ARRL has a multi-modality pipeline of over 600MWs in development. Solar PV projects make up more than half of this pipeline, with 228MWs of MOU/allocations and clarity on an additional 250MWs of contracts. ARRL has secured government support to build, own and operate renewable energy power plants totaling 338MW of capacity. For more on ARRL, visit http://www.astonfield.com.

About Rich May
Rich May, a law firm founded in 1937 and located in the heart of Boston’s financial district, concentrates its practice on corporate, financial, civil litigation, energy, real estate, entertainment and wealth planning matters. The firm’s clients include a broad group of businesses in New England and throughout the country. Rich May provides the breadth and depth of expertise generally associated with large, national firms, while maintaining the prompt, personal service found in smaller, regional firms. Our clients have direct access to experienced attorneys who are familiar with both the client and the area of inquiry and can provide timely and practical legal solutions.

Rich May has been elected and admitted as a member of the International Alliance of Law Firms. This membership, which provides affiliations with 53 firms in 37 countries, supplements our ability to assist clients throughout North America and overseas.

For more information, visit www.richmaylaw.com.