Mergers & Acquisitions

What Sets Us Apart

We guide buyers and sellers of clean energy projects, portfolios, and platforms through structuring, diligence, and closing — handling transactions ranging from single-site utility scale projects to multi-state portfolio deals.

Areas of Expertise

  • Equity and asset acquisitions/dispositions of projects and portfolios

  • Purchase and sale agreement drafting and negotiation

  • Due diligence on project assets, contracts, permits, and compliance

  • Acquisition financing and transaction structuring for tax efficiency

  • Regulatory approvals and compliance

  • Project finance interface (debt and tax equity implications)

  • Transition services and post-closing integration

  • Risk allocation and indemnities

  • Cross-border and platform-level M&A transactions

  • Sell-side and buy-side representation for operating and development-stage assets

Key Contacts

Karleen Stern

Managing Partner

Zach Crowley

Partner

Representative Transactions

  • Advised a national solar and energy storage developer in its sale of a 300 MW solar project in Texas to a major IPP — one of the largest sales in the client's history.

  • Negotiated the purchase of a 301 MW wind project in Texas in a deal totaling $450,000,000.

  • Lead transaction counsel for a battery storage developer in its acquisition of a Canadian BESS developer, an asset deal including customer lists, project pipeline, operational projects, and employees.

  • Represented a national IPP in acquiring a late-stage 300 MW solar / 150 MW BESS project in California, continuing through construction financing and tax equity placement.

  • Represented developer in the sale of a 200 MW utility-scale, combined solar/storage project in Arizona.

  • Represented client in the sale of a 200 MW utility-scale battery storage project in Texas, including a post-closing asset management agreement.

  • Counsel to a national IPP in the acquisition of a 300+ MW portfolio of C&I and community solar projects located throughout the United States.

  • Counsel to a nationwide distributed generation solar IPP in its acquisition of a 70 MW, multistate portfolio including projects in New York and Virginia.

  • Counsel to a distributed generation private equity fund in its acquisition of a 233 MW portfolio of operating solar assets.

  • Represented a utility-scale solar and energy storage development platform in the sale of a project company developing a 62.5 MWdc PV / 62.5 MWdc BESS facility in Texas.

  • Represented developer/operator in the sale of a ~50 MW portfolio of operating behind-the-meter C&I solar assets across the continental U.S. and Puerto Rico.

  • Represented a community solar developer in the sale of the largest community solar portfolio in the Mid-Atlantic.

  • Represented an investor in the purchase of a large portfolio of community solar projects distributed across the U.S. serving an international big-box retailer.