WASHINGTON, D.C. – Oct. 25, 2023 – Global law firm Greenberg Traurig, LLP represented Nautilus US Power Holdco (Nautilus Solar) in a $202 million U.S. debt private placement to refinance 58 operating projects aggregating to 186 MW located across seven states. The transaction is the first investment-grade institutional portfolio financing of mainly community solar projects.
The Greenberg Traurig team negotiated the transaction documents and provided overall transaction support to Nautilus Solar.
“It was an honor to work with Nautilus Solar in this milestone transaction. Our shared commitment to sustainability made our collaboration especially gratifying. We hope this transaction will further engage the capital markets in financing community solar and distributed energy,” Audrey Louison said.
The deal team was led by Louison and Oscar Stephens, with Igal Rojzman, Natalie Gallego, John Slattery, and Marc Ochs.
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 oil and gas, LNG, electricity, coal, wind, solar and other renewable energy sources, and water. The firm’s exceptional multi-office platform, including key offices in major energy centres, 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 47 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 6.0 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.