Farella Braun + Martel Assists NaturEner USA Close Wind Power Project Financing
SAN FRANCISCO (January 30, 2012): Farella Braun + Martel assisted NaturEner USA LLC, a renewable energy company, in securing a $320 million construction loan from Morgan Stanley & Co. LLC to build the 189-megawatt Rim Rock wind power project in Montana. The project is expected to achieve commercial operation by the end of 2012.
Farella lawyers principally involved in the transaction were Corporate Partners Matt Lewis and Jonathan Lemberg, Environmental Partners Jon Benjamin and Skip Spaulding, Corporate Associate Nilima Patel, Environmental Associate Mathew Swain, and Real Estate Associates Brett Greenberg and Navjot Athwal.
NaturEner USA, LLC and NaturEner Energy Canada Inc. are wholly-owned subsidiaries of Spain-based Grupo NaturEner, S.A. which develops, owns, and operates renewable energy facilities in three different countries comprising mini-hydro, solar photovoltaic and wind.
Farella Braun + Martel represents clients throughout the United States and abroad in sophisticated business transactions and high-stakes commercial, civil and criminal litigation. Founded in 1962, the firm is headquartered in San Francisco and maintains an office in the Napa Valley focused on the wine industry. Farella Braun + Martel lawyers are known for their imaginative legal solutions, dynamism and intellectual creativity. With an unwavering service ethic and interdisciplinary team approach, the firm is committed to advancing clients' objectives in the most effective, coordinated and efficient manner. Farella Braun + Martel is a green business. www.fbm.com