Vinson & Elkins advised the initial purchasers in connection with Sunnova Energy Corporation’s “Green Bond” offering of $400 million aggregate principal amount of green 5.875% senior notes due 2026.
Vinson & Elkins advised Spartan Acquisition Corp. II, a publicly-traded special purpose acquisition company sponsored by funds managed by an affiliate of Apollo Global Management, Inc., in connection with a definitive agreement for a business combination with Sunlight Financial LLC (“Sunlight”), a premier U.S. residential solar financing platform, that will result in Sunlight becoming a publicly listed company.
Vinson & Elkins advised The Carlyle Group on the acquisition of a portfolio of solar development projects in the state of Maine, through a newly-established affiliate Acadia Renewable Energy, LLC, from the global solar independent power producer BNRG. V&E also advised Carlyle in securing construction and permanent debt financing for the portfolio.
Vinson & Elkins advised the underwriters in connection with an underwritten public offering of 10,000,000 shares of common stock by certain selling stockholders of Sunnova Energy International Inc., a leading residential solar and energy storage service provider.