Cypress Creek Renewables’ $125 Million Holdco Credit Facility

Kirkland & Ellis advised Cypress Creek Renewables on the transaction.

Cypress Creek Renewables executed a $125 million holdco syndicated debt financing comprised of working capital loans and letters of credit, backed by a 1.6 GW portfolio of operating utility-scale and distributed facility solar assets.

Cypress Creek Renewables is a leading national solar company — providing clean, affordable energy for communities across the United States.

The Kirkland team was led by debt finance associates Olivia George and Paul Roberts, with support from debt finance partner Rohit Chaudhry (Picture); tax partner Michael Masri; energy regulatory partner Drew Stuyvenberg; government & internal investigations partner Nick Niles; and investment funds associate Tim Nolan.

Involved fees earner: Rohit Chaudhry – Kirkland & Ellis; Olivia George – Kirkland & Ellis; Michael Masri – Kirkland & Ellis; Nick Niles – Kirkland & Ellis; Timothy Nolan – Kirkland & Ellis; Paul Roberts – Kirkland & Ellis; Drew Stuyvenberg – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: Cypress Creek Renewables;