Aspen Power Partners Announces $350 Million Investment from Carlyle to Fuel Growth and Acquisition Strategy
Vinson & Elkins advised funds managed by an affiliate of The Carlyle Group in connection with a $350 million investment in Aspen Power Partners LLC (“Aspen”), a distributed generation platform with the mission of accelerating decarbonization.
The investment supports Aspen’s organic and acquisition-driven growth strategy targeting the community, multifamily, and commercial & industrial solar and storage markets.
The Vinson & Elkins team was led by partner Peter Marshall, senior associate Austin White and associates Carli Gish and Christina Wu. Also advising were partner David Peck and senior associate Megan James; partner Kaam Sahely, senior associate Stephanie Coco and associate Kene Obi; partner Sean Becker and counsel Martin Luff; partner Shane Tucker and associate Matt Green; partner Matt Dobbins and associate Alexis Boyd; partner Michael Kurzer and associate Warner Scott; partner Tzvi Werzberger, senior associate Carter Olson and associates Frank George and Lily Marrs; and partner John Decker and associate Reagan Lutter.
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