Mintz served as legal counsel to East Light Partners, an energy development company, in its sale of ELP Stillwater Solar, a 27 megawatt utility-scale solar project, to Goldman Sachs Renewable Power.
The solar project, located in the Town of Stillwater, Saratoga County, New York, will serve as a major regional source of clean energy, connecting to the power transmission lines that run through the site and participating as a small generator in the New York Independent System Operator (NYISO) market.
As one of New York’s first utility-scale solar facilities and East Light Partners’ largest project to date, ELP Stillwater Solar will help New York state work to achieve its aggressive clean energy goals of 70% renewable electricity supply by 2030 and 100% carbon-free electricity supply by 2040.
“We are proud to have been a part of this important milestone for East Light Partners and its effort to provide renewable energy for the state of New York,” said Mintz Member Eric Macaux. “This transaction is another great example of our strong expertise in the clean energy and solar space.”
The Mintz team advising East Light Partners included Mr. Macaux, Member Judy Kwok and Associate Garrett Galvin.
One of the first law firms to develop a practice focused on energy and sustainability innovation, Mintz’s Energy & Sustainability Practice serves more than 250 clients, spanning the ecosystem from emerging companies to large corporations, private equity and venture capital funds, investment banks, project developers and project finance funds, and family offices. Comprised of attorneys from all Mintz offices, the team also works closely with the firm’s government relations and consulting affiliate, ML Strategies, LLC, which has a dedicated clean energy team. Working as a cohesive unit, the Energy & Sustainability Practice is dedicated to offering clients a blend of comprehensive legal and government relations services, and practical business counseling.