DEAL NOTE: Crowell & Moring Client NRG Yield, Inc. Acquires 38 MW Solar Portfolio from NRG Energy, Inc.
Washington – November 17, 2017: Crowell & Moring LLP represented NRG Yield, Inc. in acquiring a 38 megawatt portfolio of solar facilities from NRG Energy, including NRG’s Solar Power Partners funds, for a total consideration of $71 million in cash plus assumed debt of $26 million. The transaction closed on November 1, 2017. The Crowell & Moring team included partner Patrick W. Lynch, counsel Nicholas James, partner Scott J. Moore, partner David Chung, partner Jennifer A. Ray, senior counsel Deborah A. Carpentier, counsel Diana A. Jeschke, associate Tyler A. O’Connor, associate Kevin Silk, and associate Mark Thomson.
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Christine Elfmann
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+1.312.840.3170
Email: celfmann@crowell.com