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Aspen Power Partners Announces $350 Million Investment from Carlyle to Fuel Growth and Acquisition Strategy

Deals & Cases
November 4, 2022
Aspen Power Partners Announces $350 Million Investment from Carlyle to Fuel Growth and Acquisition Strategy Background Image
Deals & Cases
November 4, 2022

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.

About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 11 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.

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