Client Spotlight: sPower Closes $498.7 Million Bond Deal

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Stoel Rives client sPower, a leading renewable energy Independent Power Producer, recently closed a $498.7 million, investment grade, private placement financing deal. 

This deal follows sPower’s $421.4 million debt issuance against about 565 megawatts of utility-scale solar and wind assets in 2017, a transaction that received Project Finance International’s “Americas Renewables Deal of the Year” award.

Led by Alex Mertens, the Stoel Rives deal team included Jocelyn Huang, Kevin Jun, Scott Wert and Jennifer Mersing.

Key Contributors

Kevin W. Jun
Alex Mertens
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