DEAL NOTE: Crowell & Moring Assists Clearway Energy, Inc. in the Repowering of Two Wind Energy Projects
Firm News | 1 min read | 06.27.19
Washington, June 27, 2019: Crowell & Moring represented Clearway Energy, Inc. (CWEN), a publicly-traded energy infrastructure investor, in the repowering of two existing wind assets in Texas with an aggregate capacity of 283 MW, held in a partnership with CWEN’s affiliate Clearway Energy Group.
The transaction commits CWEN to contribute an estimated $111 million in capital for the repowering. The partnership entered into a tax equity arrangement which, in combination with the CWEN’s equity investment, will be used to repay construction financing and costs related to the repowering.
The firm team was led by partner Patrick Lynch and included partners Charles C. Hwang and Richard B. Holbrook, Jr.; senior counsel Deborah A. Carpentier; counsel Nicholas James and Diana A. Jeschke; and associates Tyler A. O’Connor and Kevin M. Silk.
About Crowell & Moring LLP
Crowell & Moring LLP is an international law firm with approximately 550 lawyers representing clients in litigation and arbitration, regulatory, and transactional matters. The firm is internationally recognized for its representation of Fortune 500 companies in high-stakes litigation, as well as its ongoing commitment to pro bono service and diversity. The firm has offices in Washington, D.C., New York, Los Angeles, San Francisco, Orange County, London, and Brussels.
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