Spotts Fain Counsels CEP Solar, LLC on Joint Venture and New Investment from Perennial Power Holdings, Inc.
Spotts Fain is pleased to announce the successful closing of CEP Solar, LLC’s (CEP) joint venture and new investment from Perennial Power Holdings, Inc. (Perennial), a subsidiary of Sumitomo Corporation of Americas (SCOA). The new investment enables CEP to commercialize its portfolio of solar and battery storage assets while originating new projects to support one of the fastest growing power markets in the country. Spotts Fain attorneys Brian Chase, Eddie Lumpkin, Karl Warcholik and Marilyn Orcutt served as legal counsel to CEP on the transaction
“We were proud to utilize several members of our team to counsel CEP,” said Brian Chase, Shareholder and Treasurer of Spots Fain. “Our team is often able to draw on capabilities firm-wide in meeting clients’ commercial real estate, corporate, merger and acquisition, labor and employment, litigation, bankruptcy, governance and other needs affecting businesses.”
Spotts Fain is an award-winning firm concentrating primarily on mid-market transactions, but also works on deals ranging from tens of thousands to hundreds of millions of dollars. Our clients include Fortune 50 and Global 500 enterprises, mid-market companies and emerging growth companies. We work on deals locally and across the United States.
Click here to read the transaction press release.
About the Author
Brian T. Chase has focused his practice on representing sellers, buyers, developers, investors and lenders with respect to commercial real estate, corporate, and lending transactions, including the acquisition, financing, development, leasing, management, and disposition of multifamily, office, retail, industrial, and mixed use assets.
Spotts Fain publications are provided as an educational service and are not meant to be and should not be construed as legal advice. Readers with particular needs on specific issues should retain the services of competent counsel.