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Latham & Watkins Advises Divert, Inc. in Financing for Longview Facility

September 22, 2023
Project finance team advises the company in deal to fund new wasted food to renewable energy facility in Washington.

Latham & Watkins represented Divert, Inc. (Divert), a leading impact technology company on a mission to Protect the Value of Food™, in the financing of its new Integrated Diversion & Energy Facility in Longview, Washington. The facility is the first project to be built under the terms of a US$1 billion infrastructure agreement between Divert and Enbridge Inc., announced earlier this year.

Latham & Watkins LLP advised Divert in the transaction with a project finance team led by Washington, D.C. partner Paul Hunt, with associates Annelise Karreman and James Lim. Advice was also provided on intellectual property matters by New York partner Steven Betensky; on tax matters by Houston partner Jim Cole, with associate Andrea Herman; on real estate matters by San Diego partner Steven Levine and San Diego counsel Achraf Farraj; on corporate matters by Boston partner Spencer Ricks, with associates Erik Thompson, Claire Bradford Di Caro, and Jake Hummer; and on environmental and permitting matters by Los Angeles partner Joshua Marnitz.