Akin Advises Excelsior Energy Capital on Acquisition of Faraday Solar Project
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(Los Angeles, Houston and New York) – Akin advised Excelsior Energy Capital, a leading independent North American renewable energy investor, in its acquisition of Faraday Solar, a 682.5 MW ground-mounted solar facility in Utah County, Utah, from Parasol and Clenera. Akin also represented Excelsior in the $1.3 billion financing package for Faraday Solar.
The Faraday investment represents the largest investment made by Excelsior’s first flagship fund, Excelsior Renewable Energy Investment Fund I.
The Akin team was led by projects & energy transition partner Dan Lynch and corporate partner Rob Shearer. They were joined by projects & energy transition partners Shariff Barakat, Matt Kapinos and Tom Dupuis; energy regulatory partner Stephen Hug; energy regulatory senior counsel Scott Johnson; projects & energy transition counsel Jody Novak, and Brad Warner; corporate associate Grace Seidl; and projects & energy transition associates Calvin McKnight and Chinelo Ojike.
More details on the transaction can be found here.
Akin is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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