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Conyers advises ArcLight Capital Partners on Sonnedix acquisition

A cross-jurisdictional team from Conyers has advised ArcLight Capital Partners on its acquisition of certain solar operations owned by Sonnedix, the global solar independent power producer. ArcLight’s Infinigen renewables platform will own 100% of Sonnedix’s “Puerto Rico Operation”. The “Puerto Rico Operations” is comprised of two operating solar PV plants – Oriana and Horizon – totaling 73.2MW, and a dedicated operating and asset management team, plus other entities pursuing additional solar and battery energy storage in Puerto Rico. The transaction is expected to close in two stages between December 2021 and March 2022, subject to customary regulatory approvals and closing conditions.

Counsel Nicholas Kuria of Conyers’ BVI office, Partner Guy Cooper of Conyers’ Bermuda office, Partner Matthew Stocker and Associate Frank Farrell of Conyers’ Cayman Islands office worked on the matter alongside Latham & Watkins, US counsel to ArcLight.

 


Nicholas Kuria
Counsel

British Virgin Islands   +1 284 852 1129


Guy Cooper
Director

Bermuda   +1 441 299 4938


Matthew Stocker
Partner, Head of Cayman Corporate Practice

Cayman Islands   +1 345 814 7382


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