Latham & Watkins Advises Origis Energy in its US$375 Million Credit Facility for its Solar and Energy Storage Development Pipeline

A project finance team advises the sponsor in connection with the innovative credit facility.

May 04, 2022

Latham & Watkins represented Origis Energy in the closing of a US$375 million credit facility for its solar and energy storage project development pipeline. This innovative facility industry bundles a revolving loan and letter of credit facility with an equipment financing facility to fund Origis Energy’s growing, nationwide platform of renewable assets. The current 20+ gigawatt pipeline consists of utility-scale and distributed generation projects across solar, solar plus storage, and stand-alone storage technologies.

The Latham team and the financing transaction was led by New York partners Warren Lilien and Kelly Cataldo, with associate Tianyu Wang. Advice was also provided on tax matters by New York partner Eli Katz, with Chicago associate Michael Zucker; on energy regulatory matters by Washington, D.C. partner Tyler Brown, with associate Carlos Clemente; on environmental matters by New York partner Gary Gengel, with associate Qingyi Pan; on ERISA matters by Bay Area partner Erin Murphy, with Chicago associate Juliet Rognlie; on sanctions matters by Washington, D.C. partner Erin Brown Jones; on real estate matters by San Diego partner Stephanie Fontanes; on Investment Company Act related matters by Chicago partner Nabil Sabki, with associate Jennifer Tian; and on derivatives matters by New York partner Yvette Valdez, with associate Ashley Weeks.

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