Baker McKenzie has advised HA Sustainable Infrastructure Capital, Inc. (HASI) on a strategic equity partnership with Invenergy supporting a 2.7-gigawatt portfolio of utility-scale solar, solar-plus-storage and wind projects across the United States.
The transaction builds on the longstanding relationship between HASI and Invenergy and supports a portfolio of 10 renewable energy projects across key US power markets in Arizona, New Mexico, Texas, Arkansas, Indiana, Ohio and New York. More than 850 MW are currently operating, with the remaining projects expected to come online by the first quarter of 2027. HASI will provide funding to the partnership as projects reach commercial operation, while Invenergy will retain majority ownership and continue to operate the assets.
The Baker McKenzie team was led by Energy & Infrastructure Partner Stan Sirot (Chicago) and includes:
Transactional/Energy & Infrastructure: Lewis Popoff (Partner, Chicago), Brian Zurawski (Partner, Chicago), J. Brook Mestre (Partner, Dallas), Carlos Suarez (Partner, Los Angeles), Miju Damodar (Partner, New York), John Dodd (Partner, Miami), Matthew McCarthy (Associate, Chicago), Katherine Phillips (Associate, Chicago), Nicholas Wheeler (Associate, Chicago), John Hamilton (Associate, San Francisco), Jeanne Song (Associate, Chicago), Patricia Varona Garcia (Associate, Chicago), Kamari Koonce (Associate, Chicago), Emily Johnson (Associate, Chicago) and Jessica Garda (Associate, Chicago)
Environmental: Jessica Wicha (Counsel, Chicago)
Tax: Maher Haddad (Partner, Chicago), Keith Hagan (Partner, Miami) and Connor Mallon (Associate, Chicago)
Real Estate and Construction: Sarah Swain (Partner, San Francisco) and Roberto Cantu-Dessommes (Associate, Chicago)
Learn more about the deal here: Invenergy and HASI Expand Partnership to Support 2.7 GW Portfolio of Solar, Solar-Plus-Storage, and Wind Projects Across the U.S.
With more than 2,500 deal practitioners across 40+ jurisdictions, Baker McKenzie advises clients on complex domestic and cross-border transactions across industries and markets worldwide. The Firm's Energy & Infrastructure team advises developers, investors, lenders and other stakeholders on the development, financing, acquisition and operation of solar, wind, energy storage and other sustainable infrastructure projects around the world.