Latham & Watkins Advises Torch Clean Energy in Its Strategic Partnership With Morgan Stanley Infrastructure Partners
Morgan Stanley Infrastructure Partners (MSIP) and Torch Clean Energy (Torch or the Company), a premier US-based utility-scale solar and storage developer, have announced a strategic partnership to expand and transition the Torch platform. MSIP will make a strategic investment in Torch, enabling it to transition from a development platform to an integrated clean power platform with capabilities across development, construction, and asset management.
Latham & Watkins LLP represents Torch Clean Energy in the transaction with a deal team led by Century City project finance partner Dan Sinaiko, Washington, D.C. corporate partner Ethan Schultz, and Houston corporate partner Ashley Nguyen, with corporate associates Patrick Loeffler, Justin Reinking, and Paul Bowers. Advice was also provided on tax matters by Houston partner Jim Cole, with associate Jacob Nagelberg; on executive compensation and benefits matters by Washington, D.C. partner Matthew Conway and Houston counsel Krisa Benskin, with associate Christina Schrantz; on real estate matters by San Diego partner Robert Frances and San Diego counsel Aaron Friberg; on regulatory matters by Washington, D.C. partner Tyler Brown; on environmental matters by Los Angeles partner Josh Marnitz, with associate Katherine Johnstone; and on data and intellectual property matters by Austin associate Andrew Abokhair.