Chadbourne & Parke represented Abound Solar Manufacturing, LLC in connection with a $400 million loan guarantee from the U.S. Department of Energy. The guarantee, which supports financing for two manufacturing plants in Indiana and Colorado for state-of-the-art thin-film solar panels, was the fifth guarantee to be issued by the Department of Energy in its Loan Guarantee Program for renewable and innovative energy projects. At full capacity, the project will produce 840 megawatts of thin-film solar panels a year, utilizing innovative production techniques.
Washington office partner Kenneth Hansen led the Chadbourne deal team, which included associates Charlotte Del Duca, Brian Greene and Rodion Yemelyanenko in Washington, Scott Bank in New York, and Bill Salamandrakis in Los Angeles.
