NEW YORK – June 27, 2023 – Attorneys from global law firm Greenberg Traurig, LLP represented Greenbacker Capital Management (GCM) through an affiliated investment vehicle in its acquisition of a to-be-built standalone battery energy storage system in California from SunCode LLC. The project will have a total capacity of 30 MW and the ability to store up to 120 MWh of energy and will be the largest standalone battery storage asset in GCM’s clean energy fleet.
GCM is an SEC registered investment adviser that provides advisory and oversight services related to project development, acquisition, and operations in the renewable energy, energy efficiency, and sustainability industries. For more information, please visit https://greenbackercapital.com
The Greenberg Traurig team was led by Global Energy Project Finance & Development Co-Head Jeff Chester with support from Energy Project Finance & Development Co-Head and Tax Shareholder John Eliason, Environmental Shareholder Christopher L. Bell, Electric Power & Utility Regulation Shareholder Gregory K. Lawrence, Real Estate Shareholder Alison R. Weinberg-Fahey, and Energy & Natural Resources Associate Andrés A. Vega.
About Greenberg Traurig’s Energy & Natural Resources Practice: Greenberg Traurig’s Energy & Natural Resources Practice has broad transactional, regulatory, and litigation experience across the energy industry, including wind, solar, storage and other renewable energy sources, hydrogen, oil and gas, LNG, electricity, coal, and water. The firm’s exceptional multi-office platform, including key offices in major energy centers, enables us to serve and implement legal strategies for energy clients throughout the U.S. and internationally.
About Greenberg Traurig: Greenberg Traurig, LLP has more than 2650 attorneys in 45 locations in the United States, Europe and the Middle East, Latin America, and Asia. The firm is a 2022 BTI “Highly Recommended Law Firm” for superior client service and is consistently among the top firms on the Am Law Global 100 and NLJ 500. Greenberg Traurig is Mansfield Rule 5.0 Certified Plus by The Diversity Lab. The firm is recognized for powering its U.S. offices with 100% renewable energy as certified by the Center for Resource Solutions Green-e® Energy program and is a member of the U.S. EPA’s Green Power Partnership Program. The firm is known for its philanthropic giving, innovation, diversity, and pro bono. Web: www.gtlaw.com.