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Troutman Pepper Locke says Carl Bivens discussed on-site power financing with The Information
Troutman Pepper Locke said real estate lawyer Carl H. Bivens was quoted in a September 29 article in The Information about financing on-site power for artificial intelligence infrastructure. The firm’s announcement highlighted his comments on the commercial arrangements used to support investment in behind-the-meter generation.
Key points
- The firm quoted Bivens discussing private equity ownership of the development entity.Troutman Pepper Locke
- Troutman Pepper Locke described cloud provider commitments lasting 10 to 15 years.Troutman Pepper Locke
- The firm’s account included five-year renewal options.Troutman Pepper Locke
- Troutman Pepper Locke highlighted guaranteed rents and amortization as elements of the financing structure.Troutman Pepper Locke