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Deal Note: Crowell & Moring Client NRG Yield, Inc. Enters into Agreement to Acquire Interests in Solar Generating Facilities from NRG Energy, Inc.

Washington, D.C., February 28, 2017: Crowell & Moring LLP represented NRG Yield, Inc. in negotiating an agreement to acquire interests in an 820 MW portfolio of eight solar generating facilities in Arizona and Utah from NRG Energy, Inc. for $130 million in cash plus assumed non-recourse project debt of $464 million. The transaction is expected to close in the next 60 days. The Crowell & Moring team included partner Patrick W. Lynch, counsel Nicholas James, partner Scott J. Moore, partner David Chung, partner Jennifer A. Ray, senior counsel Deborah A. Carpentier, counsel Cameron Prell, counsel Diana A. Jeschke, associate Lorin Dale-Pierce, associate Tyler A. O’Connor, and associate Mark Thomson.

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Christine Elfmann
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+1 202.508.8848
Email: celfmann@crowell.com
Crowell & Moring LLP is an international law firm with approximately 550 lawyers representing clients in litigation and arbitration, regulatory and policy, and transactional matters. The firm is internationally recognized for its representation of Fortune 500 companies in high-stakes litigation, as well as its ongoing commitment to pro bono service and diversity, equity and inclusion. The firm has offices in Brussels, Doha, London, Los Angeles, New York, Orange County, San Francisco, Shanghai, and Washington, D.C.

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