New York Corporate Team Advises Investec in Solar Portfolio Project Financing
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New York Corporate Team Advises Investec in Solar Portfolio Project Financing

May 06, 2014 // Franchising.com // New York, NY - Dentons advised Investec Bank plc in the closing of US$130 million in project financing backing the construction of a 22 MW portfolio of solar power facilities and additional projects in development in the northeast United States. Partner Ata Dinlenç led the New York Corporate team, which included senior managing associate Viktoria Dallendorfer and associate Aisulu Masylkanova.

The transaction was arranged by Investec USA Holdings Corp. The overall financing is comprised of two tiers that closed simultaneously on April 25, 2014: a holding company financing provided by Investec Bank plc and a operating company loan provided by KeyBank N.A.

In addition to refinancing existing credit facilities, the new facilities advance debt capital through June 2015 for private equity firm and project sponsor True Green Capital Management (TGC). They support TGC’s development of a pipeline of solar assets and its commitment to socially responsible investing.

About Dentons

Dentons is a global firm driven to provide a competitive edge in an increasingly complex and interconnected world. It was formed in March 2013 by the combination of international law firm Salans LLP, Canadian law firm Fraser Milner Casgrain LLP (FMC) and international law firm SNR Denton. Dentons is built on the solid foundations of these three highly valued law firms. Each built an outstanding reputation and valued clientele by responding to the local, regional and national needs of a broad spectrum of clients of all sizes—individuals; entrepreneurs; small businesses and startups; local, regional and national governments and government agencies; and mid-sized and larger private and public corporations, including international and global entities.

Dentons' clients now benefit from approximately 2,600 lawyers and professionals in more than 75 locations spanning 50-plus countries across Africa, Asia Pacific, Canada, Central Asia, Europe, the Middle East, Russia and the CIS, the UK and the US who are committed to challenge the status quo and offer creative, dynamic business and legal solutions.

SOURCE Dentons

Media Contact:

Lisa Sachdev
Senior Public Relations Manager, United States
D +1 312 876 2476

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