Foley Hoag Advises Soltage in Securing Growth Investment from Prudential Capital
June 17, 2019
Foley Hoag LLP represented independent power producer Soltage LLC in securing a significant investment from Prudential Capital Group. The funds will be used to drive Soltage's corporate growth, and support the acquisition and development of new solar projects and strategic initiatives of the company.
Headquartered in Jersey City, New Jersey, Soltage is a leader in the development, financing and operation of distributed utility-scale solar assets for commercial, industrial and municipal customers across the United States. The company has over 100 solar projects and more than 300 MW of generation capacity under construction and management across fourteen states. Since its founding in 2005, the company has deployed more than $600 million into solar generation projects.
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 business services professionals contribute to the exceptional 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.