Excelsior Energy Capital’s Acquisition of 100% of Grupo T-Solar Global USA Inc.’s sponsor equity interests in the 25 MWDC El Centro Solar Project


Akin Gump Advised Excelsior Energy Capital on the deal

Excelsior Energy Capital’ North American Renewable Energy Fund has closed the acquisition of 100 percent of Grupo T-Solar Global USA Inc.’s sponsor equity interests in the 25 MWDC El Centro Solar Project, located in El Centro, California.

The project benefits from an operating track record of more than five years, having begun operations in December 2013. It also has a 25-year power purchase agreement with the Imperial Irrigation District, with a remaining contract term of just under 20 years.

Akin Gump Advised Excelsior Energy Capital on the deal with a team including Daniel Lynch (Picture), Michelle Marshall, Thomas Dupuis, Ramin Mohammad, Nolan Thomas, Nicole Scott,Terrence Allen, Andrew Oelz and Brian Patterson.

Involved fees earner: Terrence Allen – Akin Gump; Thomas Ian Dupuis – Akin Gump; Daniel Lynch – Akin Gump; Michelle Marshall – Akin Gump; Ramin Mohammad – Akin Gump; Andrew Oelz – Akin Gump; Brian Glenn Patterson – Akin Gump; Nicole Scott – Akin Gump; Nolan Thomas – Akin Gump;

Law Firms: Akin Gump;

Clients: Excelsior Energy Capital;

Author: Ambrogio Visconti