Stoel Rives congratulates its client sPower on receiving the honor of North America Renewables Project Finance Deal of the Year from Power Finance & Risk (PFR) in its 15th Annual Deals and Firms of the Year Awards. The $421 million wind and solar placement was backed by 39 of sPower’s solar facilities and two wind farms and grouped into nine existing tax equity funds. PFR wrote in its announcement that the deal was “one of the more complex project finance transactions to have been placed with institutional investors.”
The deal previously won North American Renewables Deal of the Year from Thomson Reuters Project Finance International. For more information on that award and the deal, please click here.