HOUSTON AND WASHINGTON, DC – Bracewell LLP represented Sol Systems LLC in a transaction that included a significant minority investment from KKR to scale the company’s Impact + Infrastructure approach. Along with the transaction, Sol Systems and KKR announced a new strategic partnership in which KKR is committing up to $1 billion to acquire shovel-ready projects.
Sol Systems is a leading national solar energy firm, with an established reputation for integrity and reliability across its development, infrastructure and environmental commodity businesses. Since 2008, Sol has developed and/or financed over 1 GW of solar projects valued at more than $1 billion for Fortune 100 companies, municipalities, counties, utilities, universities and schools, and provides services to nearly 17,000 customers across the United States.
The transaction is the latest in a number of significant deals on which Bracewell has represented Sol Systems.
Bracewell lawyers involved in the transaction included:
Partners: Ryan S. Holcomb, Lytch T. Gutmann, Catherine P. McCarthy, Matthew B. Grunert and Steven J. Lorch
Associates: Kathryn F. Penry, Michael A. Recchia and Brandon J. Butera