Gordon ReesScully Mansukhani attorneys, including Robert Shaw, Justin Puleo, Greg Bryant, Mark Davis, and Scott Theobald from the Raleigh, Pittsburgh, San Francisco, and Phoenix offices, recently closed a $6.5 million deal on behalf of a large multinational solar power developer based in Germany. After California, North Carolina ranks second in the nation for installed solar electric capacity so the state has attracted the attention of international investors and developers in the industry.
Gordon & Rees was able to earn the representation in the matter via its presence in Raleigh with Robert Shaw and Justin Puleo, Greg Bryant’s industry experience; and the firm’s deep bench led by the renewable energy transactional experience of Mark Davis and the regulatory expertise of Scott Theobald.
The deal involved a Membership Interest Purchase Agreement, an Engineering, Procurement, and Construction Contract, and an Operation and Maintenance Contract, as well as numerous regulatory and diligence issues.
The client was attracted to the value proposition that Gordon & Rees offered as well as its national reach and sophisticated practitioners.