Foley Advises DESRI in Financing Facility to Support Texas Renewable Energy Project
Foley & Lardner LLP represented DESRI in a facility to support construction of the leading renewable energy company’s Evlou Project, a combined solar plus battery facility in El Paso County, Texas.
DESRI develops, owns, and operates utility-scale solar, wind, and battery storage projects throughout the United States. As long-term owners, DESRI is focused on creating value throughout all stages of a project’s life cycle, including development, construction, financing, and operations. The company has built a diversified portfolio across 24 states with over 13 GW of generation capacity, enough to power nearly 2 million homes.
Foley’s energy finance team was led by partner Lynn Parins and included partner Tori Roessler, senior counsel Rachel Conrad, associate Arantza Ceballos Rojas, and associate Matt Gullickson.