Orrick has advised Alchemy Renewable Energy on its partnership with global investment firm Carlyle Group. Carlyle, through its newly-established affiliate Cardinal Renewables, has made a $100 million commitment to partner with Alchemy to develop, acquire, finance and operate solar power generation projects throughout the United States. Equity capital for the transaction has been committed from Carlyle’s Renewable & Sustainable Energy Fund.
The Orrick team was led by Kristin Seeger
and John Cook and included Walter Alarkon
, Heather Behrend, Cory Lankford
and Michael Masri.