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Microsoft and Powerex Enter Into Carbon-Free Energy Agreement

2 minute read | July.07.2023

Powerex has entered into a long-term agreement with Microsoft to provide 24×7 hourly matching of carbon-free energy for its new datacenter.

Client Result

DigitalOcean Acquires Paperspace for $111 Million to Expand AI Offerings

3 minute read | July.07.2023

DigitalOcean has acquired Paperspace, a cloud platform for building and scaling AI applications, for $111 million. Orrick advised Paperspace.

Client Result

Helion and Microsoft enter into world’s first fusion energy purchase agreement

2 minute read | July.07.2023

Microsoft reached an agreement with Helion Energy to provide electricity from its first fusion power plant

Client Result

Electric Vehicle Startup Fisker Sells $340 Million in Unsecured Convertible Notes

1 minute read | July.13.2023

Orrick advised Fisker on selling $340 million in unsecured convertible notes to support the electric vehicle startup's continued growth.

Client Result

Flashbots Conducts $60 Million Series B Financing

1 minute read | July.27.2023

Blockchain infrastructure provider and research firm Flashbots has closed a $60M Series B financing round. Orrick advised Flashbots.

Client Result

Offshore Wind in Ireland: Orrick advises Energia Group on Partnership with Vårgrønn

2 minute read | August.01.2023

Energia Group and Vårgrønn have announced a partnership to co-develop offshore wind projects off the coast of Ireland. Orrick represented Energia.

Client Result

Appeals Court Establishes Precedent for Electric Cooperatives

2 minute read | August.01.2023

An appeals court has sided with Basin Electric Power Cooperative in a lawsuit to stop a cooperative from terminating a long-term contract.

Client Result

OMERS GreenTech Invests in Redwood Materials

1 minute read | August.30.2023

Orrick represented OMERS GreenTech in its investment in Redwood Materials.

Client Result

AI and Machine Learning: Weights & Biases Raises $50 Million

2 minute read | August.30.2023

Weights & Biases, a machine learning operations platform for developers, has raised $50 million from investors. Orrick advised Weights & Biases.

Client Result

Ørsted Divests its Remaining Interest in the London Array Offshore Wind Farm

August.23.2023

Ørsted has divested its remaining twenty-five per cent (25%) interest in the London Array Offshore Wind Farm to funds managed by Schroders Greencoat ...

Client Result

Orrick Advises RegTech Open Project plc on London Stock Exchange Main Market Direct Listing

2 minute read | August.22.2023

A cross-border Orrick team advised RegTech Open Project plc (LSE: RTOP) on its £60 million direct listing on the London Stock Exchange.

Client Result

Orrick Advised Ionisos on its Acquisition of a Sterilization and Crosslinking Facility from Studer Cables AG

2 minute read | August.14.2023

Orrick advised Ionisos in connection with the acquisition via a carve-out of an E-beam sterilization and crosslinking facility from Studer cables AG.