Acquisition of a Project Company

December 30, 2013

Representation of purchaser in the acquisition of a project company from an early-stage developer that held leases on approximately 47,000 acres of land in West Texas for a wind energy project. We assisted “clean up” the real estate interests for roughly one-half of the leases so that it was acceptable to the lenders for the construction financing and to the tax equity investors for the first phase of development of the project. We continue to assist the client on the second phase of that project.
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