Holland & Knight Advises Lead Arrangers, and Natixis Corporate & Investment Banking as Administrative Agent and Sustainability Coordinator, on $1.5 Billion Sustainability-Linked Credit Facility
NEW YORK (August 3, 2023) – Holland & Knight represented Natixis Corporate & Investment Banking (Natixis CIB) and the other lead arrangers (Coöperatieve Rabobank U.A., New York Branch (Rabobank), Export Development Canada and Desjardins Group), and Natixis CIB, New York Branch as Administrative Agent and Sustainability Coordinator, on the closing of a $1.5 billion revolving credit facility for Invenergy Renewables Operating I LLC to support Invenergy's growing project development pipeline.
The credit facility incorporates sustainability-linked features aligned with Invenergy's strategy to deliver clean energy. The closing was announced July 25.
More information on the transaction can be found here.
Holland & Knight's representation was led by Partner Philip Corsello, a financial services attorney in Holland & Knight's New York office with more than 30 years of experience in the project finance, energy and infrastructure sectors. He was assisted by Associates Alexei Chijoff-Evans and Lauren Neville in Holland & Knight's Dallas office.