Holland & Knight Team Advises Natixis on $100M Letter of Credit Facility for Eolian, L.P.
NEW YORK (December 7, 2021) – A multi-office team of Holland & Knight financial services and energy attorneys advised Natixis Corporate & Investment Banking as sole lead arranger and letter of credit issuer in connection with the establishment and financial closing of a $100 million letter of credit facility for Eolian, L.P.
Eolian is a renewable energy company owned by its employees and funds managed by Global Infrastructure Partners, a global, independent infrastructure investor.
The letter of credit facility will be used by Eolian to support its business and accelerate the deployment and growth of its renewable energy asset pipeline. Natixis’ world-class global infrastructure team executed the structure within their unique Green Weighting Factor® methodology, which is designed to promote financing for deals that have a positive climate impact.
Holland & Knight Partners Philip Corsello and Timothy Moran led the representation of Natixis, along with Associate Alexei Chijoff-Evans.