폴리, 패스웨이 파워에 혁신적인 신용 시설에 대한 자문 제공

폴리 앤 라드너 LLP는 미국 전력망에 연결하고자 하는 회사의 재생 에너지 프로젝트를 지원하기 위해 고안된 혁신적인 신용 시설의 폐쇄와 관련하여 패스웨이 파워의 법률 자문을 맡았습니다. 

Pathway Power, a large-scale renewable energy project developer, is building a next-generation independent power producer focused on utility-scale renewable energy generation and battery storage projects that provide reliable, resilient, and high-value clean energy. The first-of-its-kind facility will support Pathway Power’s 6-gigawatt pipeline of solar and storage projects in major U.S. electricity markets.

As of the end of 2023, there were 12,000 projects seeking grid interconnection across the U.S., with a combined capacity more than double that of the nation’s entire power plant fleet. The rapid increase in new electricity projects has led to significant delays in connection approvals and rising costs for energy developers entering the interconnection queue. The credit facility is structured to provide efficient capital for projects in various stages of the multi-year interconnection process.

Foley’s deal team was led by partner Edward Hammond and included partner Jeffery Atkin and associates Sadie Olson and Kathryn Petrosky.