Troutman Pepper Advises Vesper Energy in Magnetar-Funded Management Buyout
NEW YORK – Troutman Pepper served as legal counsel to Vesper Energy in connection with its management buyout of international property and investment group Lendlease’s renewable energy business unit, including an equity investment from alternative asset manager Magnetar Capital. Read the company press release.
Since 2015, the Vesper Energy team has commercialized over 680 MW of utility-scale solar projects in the United States. Working closely with communities and customers, the company develops, builds and operates high-quality, high value assets that contribute to a sustainable, decarbonized electrical grid. Its current customers include municipalities, higher education institutions, large corporations and integrated electric utilities.
The Troutman Pepper team advising Vesper Energy included Hayden Baker, Wallace Bao, Coby Beck, Justin Boose, Seth Ford, Mark Goldsmith, Steven Khadavi, Olivia Mao, Tom Marshall, and Vaughn Morrison. The firm is at the forefront of the rapidly evolving renewable energy industry and is nationally recognized for its work in the space by U.S. News and Chambers USA, among others.
About Troutman Pepper
Troutman Pepper is a national law firm known for its higher commitment to client care. With more than 1,100 attorneys in 23 U.S. cities, the firm partners with clients across every industry sector to help them achieve their business goals. Read more about the firm’s litigation, transactional, and regulatory practices at troutman.com.