Silicon Valley Bank’s $190 Million Financing of US Solar Portfolio

Milbank LLP advised Silicon Valley Bank (SVB) on the deal.

Silicon Valley Bank (SVB) announced the $190 million financing for a 90 MW portfolio of solar projects located across the United States. The 40-project portfolio includes community solar and commercial and industrial solar projects in New York, Illinois, Colorado, Minnesota, California and New Jersey.

The Milbank team was led by Global Project, Energy and Infrastructure Finance partner Richard Hillman (Picture), with associates Javad Asghari, Ariel Oseasohn, Chloe Kim, Sean Rail and Jakub Danek, along with Tax Partner Drew Batkin.

Involved fees earner: Javad Asghari – Milbank LLP; Drew Batkin – Milbank LLP; Richard Hillman – Milbank LLP; Chloe Kim – Milbank LLP; Ariel Oseasohn – Milbank LLP; Sean Rail – Milbank LLP;

Law Firms: Milbank LLP;

Clients: Silicon Valley Banks;

Martina Bellini

Author: Martina Bellini