NEW YORK – Troutman Pepper Locke advised private equity client Hull Street Energy, LLC, on its agreement to acquire FirstLight from the Public Sector Pension Investment Board. For more information, see the press release.
The transaction includes nearly 1,400 megawatts (MW) of clean, reliable generation in the Northeast, including Northfield Mountain, a 1,168‑MW pumped‑storage hydroelectric facility in Massachusetts that is the largest energy storage facility in New England. It also includes 14 hydroelectric stations in Connecticut, Massachusetts, and Pennsylvania, and three operating solar and battery facilities in the Northeast.
The team that represented Hull Street Energy included Andrew Schifrin, Wallace Bao, Steven Khadavi, Charles Sensiba, Nickolas Guttman, Russell Kooistra, Emma Teman, Morgan Gerard, Sahara Shrestha, Kyle Kohler, Jerônimo Soares de Sousa, Andrew Nelson, Joshua Bibiloni, Andrés Chaves, Aaron Hudson, Paul Porretta, Maria Brinkman, Dixon Wallace, Christopher Stock, Hannah Rudder, and Jessica Rothenberg.
Troutman Pepper Locke’s market-leading energy practices help clients with their most important and complex matters throughout the U.S. and beyond. From electric power, oil and gas, to emerging technologies, the cross-discipline team is equipped to handle any related matters, drawing on the depth of the firm’s knowledge in the market. Troutman Pepper Locke regularly advises electric utilities, independent power producers, banks, upstream and midstream natural gas companies and service companies, private equity funds, and other large corporations. Learn more at energylawinsights.com.
Troutman Pepper Locke
Troutman Pepper Locke helps clients solve complex legal challenges and achieve their business goals in an ever-changing global economy. With more than 1,600 attorneys in 30+ offices, the firm serves clients in all major industry sectors, with particular depth in energy, financial services, health care and life sciences, insurance and reinsurance, private equity, and real estate. Learn more at troutman.com.