Foley Hoag Represents CleanCapital in $250M Equity Funding

April 20, 2018

Foley Hoag LLP recently advised its client CleanCapital LLC in a $250 million equity funding partnership with CarVal Investors. The new partnership will enable CleanCapital to accelerate and expand its project acquisition efforts and augment its focus on defining clean energy as an investment-ready opportunity.

Founded in New York in 2015, CleanCapital offers a proprietary platform that streamlines and expedites due diligence of energy projects, connecting creditworthy sellers with an immediate bid on their projects. The company leads all due diligence and acquisition closing processes on behalf of investment partners, significantly decreasing the time required to achieve a deal closing. CleanCapital then aggregates projects into larger investment-ready portfolios, providing efficient capital and a competitive acquisition price for assets.

CarVal Investors, founded in 1987, is a leading global alternative investment manager focused on direct investments in real estate, loan portfolios, corporate securities, and special opportunities such as debt and equity for power projects.

Foley Hoag partners Mark Barnett and Nicola Lemay advised CleanCapital in the transaction.


About Foley Hoag LLP

Foley Hoag provides innovative, strategic legal services to public, private and government clients across the globe. We have premier capabilities in the life sciences, healthcare, technology, energy, professional services and private funds fields, and in cross-border disputes. The diverse backgrounds, perspectives and experiences of our lawyers and staff contribute to the exceptional senior level service we deliver to clients ranging from startups to multinational companies to sovereign states. For more information, visit www.foleyhoag.com or follow @FoleyHoag on Twitter.