Husch Blackwell’s Renewable Energy team helped its clients close over $2.5 billion in wind and solar energy transactions during the final week of 2020, including a three-hour span on December 30 that saw four closings valued at approximately $1.2 billion.
The Renewable Energy sector, led by partner John Crossley, represented developers, tax credit investors, and lenders involved in projects in California, Kansas, Missouri, Oklahoma, and Texas. These projects will supply enough renewable energy to power over 7,000,000 homes annually.
“We’re all very proud—and very fortunate—to play a role in these transactions,” said Crossley. “There are the obvious ecological benefits of bringing this much renewable energy online, but for those of us who have been handling renewable energy transactions for many years now, it is very gratifying to see the industry blossom as it has continued to do, the pandemic notwithstanding.”
The group’s end-of-year efforts included an investment of over 8,000 hours from at least three dozen attorneys in the Banking, Corporate, Environmental, Real Estate, Regulatory, and Tax practice groups. The projects were managed by a number of lawyers across the firm, including Megan Caldwell, John Crossley, Kaitlyn DeYoung, Maria Faconti, Jim Goettsch, Cacki Jewart, Mara Pollets, Brian Pullin, Brogan Sullivan, and Nikki Tate.
For the year, Husch Blackwell’s Renewable Energy sector helped clients close more than 100 transactions in 25 states and four countries valued at more than $30 billion.