Client Spotlight: Solar Frontier Americas Completes Financing for 210 MWp ‘Mustang Two’ Solar Project in California

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Stoel Rives LLP congratulates firm client Solar Frontier Americas (SFA) on closing the tax equity commitment and debt financing for its 210 MWp Mustang Two solar project in Kings County, California. SFA will own and operate the project, which is scheduled to begin commercial operation in 2020 and will provide power to 37,500 homes in San Mateo County and the Modesto Irrigation District.

Solar Frontier Americas, the U.S.-based renewable energy business of Idemitsu Kosan Co., Ltd, is an independent power producer and solar development company that acquires, develops, owns and operates solar power generation plants. The Mustang Two project, the company’s largest project and financing to date, is part of a portfolio of more than 1 GW of utility-scale projects.

The Stoel Rives deal team was led by Alex Mertens and included attorneys Miles Killingsworth, Hana Muwaqet, Jeffrey Nielson, Melissa Foster, Kevin Pearson, Jennifer Mersing and Bo Harvey, and paralegal Kevin Jun.

For more on the transaction, please see the SFA press release.

Key Contributors

Melissa A. Foster
Bo Harvey
Kevin W. Jun
Miles Killingsworth
Alex Mertens
Jeffrey I. Nielson
Kevin T. Pearson
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