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Sidley says it advised Invenergy on its HASI equity partnership
Sidley said it represented Invenergy in forming a strategic equity partnership with HA Sustainable Infrastructure Capital to support a 2.7-gigawatt portfolio of U.S. projects. The firm said the ten-project portfolio includes utility-scale solar, solar paired with battery storage, and wind projects across six major power markets.
Key points
- Sidley said HASI will fund each project when it reaches commercial operations.Sidley
- The firm said Invenergy will retain control, majority ownership and day-to-day operating responsibility.Sidley
- Sidley said the projects have long-term agreements with investment-grade corporate, utility and public-sector offtakers.Sidley
- The firm named Arizona, New Mexico, Texas, Arkansas, Indiana, Ohio and New York as the portfolio’s states.Sidley