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Latham & Watkins Advises Radial Power in US$225 Debt Financing

March 1, 2024
Firm represents the developer of distributed clean energy assets in deal with ATLAS SP.

Radial Power announced that it has closed on US$225 million in debt financing from ATLAS SP Partners to support Radial Power's robust pipeline and operating platform of distributed generation projects, encompassing commercial, industrial, and community solar assets. The transaction represents Radial Power's inaugural portfolio-level debt financing.

Latham & Watkins LLP advised Radial Power in the transaction with a project development and finance team led by New York partner Kelly Cataldo, with associate Jesse Van Genugten. Advice was also provided on tax matters by Houston partner Jim Cole, with associate Christina McLeod; on energy regulatory matters by Washington, D.C. partner Tyler Brown and Washington, D.C. counsel Anna Biegelsen; on environmental matters by Los Angeles/Houston partner Josh Marnitz, with associate Brittany Curcuru; on real estate matters by San Diego counsel Aaron Friberg; and on derivatives matters by New York partner Yvette Valdez, with associate Naffie Lamin.