Troutman Pepper represented Hull Street Energy, a private equity firm that specializes in deploying capital into the power sector as it decarbonizes, in its acquisition of Sunrise Power Holdings, LLC, from Generation Bridge Acquisition, LLC, an affiliate of ArcLight Capital Partners, LLC. Read a company press release about the deal.

The facility, located in Fellows, California, provides 586 megawatts of critical generation and reliability services to California’s Central Valley. The acquisition supports Hull Street Energy’s strategy to help ensure grid reliability while enabling the integration of new variable renewable energy resources as California works to achieve its climate goals. This is the second California natural gas-fired plant that Troutman Pepper has acted as legal counsel for Hull Street Energy.

Troutman Pepper Partners Andrew Schifrin, Steven Khadavi, Dan Anziska, Akshay Belani, Christine Byrnes, Byron Kirkpatrick, Anne Loomis, Marc Machlin, and Paul Porretta; along with Counsel Leena Rege; and Associates Wallace Bao, Steve Boughton, Morgan Gerard, Nick Guttman, Russell Kooistra, Victor Noriega, Jessica Rothenberg, Sierra Stockley, and Karina Miranda advised Hull Street Energy in the deal. This multi-disciplinary team helps clients like Hull Street Energy, along with developers, investment banks, lenders, and others, across all types of energy and renewable energy project finance, project development, M&A, and regulatory matters.