Alchemy Renewable Energy’s Partnership with Carlyle Group

Orrick Herrington & Sutcliffe LLP advised Alchemy Renewable Energy on its partnership with global investment firm Carlyle Group. Vinson & Elkins advised the Renewable and Sustainable Energy Fund of The Carlyle Group (RSEF).

Global investment firm The Carlyle Group (NASDAQ: CG) and renewable energy company Alchemy Renewable Energy today announced that Carlyle, through its newly-established affiliate Cardinal Renewables, has made an approximately $150 million commitment to partner with Alchemy to develop, acquire, finance and operate solar power generation projects throughout the United States. Equity capital for the transaction has been committed from Carlyle’s Renewable & Sustainable Energy Fund.

The Orrick team was led by Kristin Seeger (Picture) and John Cook and included Walter Alarkon, Heather Behrend, Cory Lankford and Michael Masri.

The V&E team was led by Robert Hughes, Peter Marshall and Kaam Sahely, with assistance from counsel Luke Edney, and associates Anastasia Arsenio, Kathryn Hastings, Yianni Georgeton, Charlie Fitzpatrick and Richard McNulty. Also advising were counsel Debbie Duncan and senior associate Mary Alexander; partners John Decker and Mike Tomsu; and partner Matt Dobbins.

Involved fees earner: Walter Alarkon – Orrick; Heather Behrend – Orrick; John Cook – Orrick; Cory Lankford – Orrick; Michael Masri – Orrick; Kristin Seeger – Orrick; Mary Alexander – Vinson & Elkins LLP; Anastasia Arsenio – Vinson & Elkins LLP; John Decker – Vinson & Elkins LLP; Matthew Dobbins – Vinson & Elkins LLP; Debra Duncan – Vinson & Elkins LLP; Luke Edney – Vinson & Elkins LLP; Charles Fitzpatrick – Vinson & Elkins LLP; Yianni Georgeton – Vinson & Elkins LLP; Kathryn Hastings – Vinson & Elkins LLP; Robert Hughes – Vinson & Elkins LLP; Peter Marshall – Vinson & Elkins LLP; Richard McNulty – Vinson & Elkins LLP; Kaam Sahely – Vinson & Elkins LLP; Michael Tomsu – Vinson & Elkins LLP;

Law Firms: Orrick; Vinson & Elkins LLP;

Clients: Alchemy Renewable Energy; Renewable and Sustainable Energy Fund of The Carlyle Group (RSEF);

Print Friendly, PDF & Email

Author: Ambrogio Visconti