Simpson Thacher Represents Arrangers in Financing for California Wind Power Projects of Terra-Gen Power

Simpson Thacher recently represented the bank group, led by Union Bank, N.A. and Crédit Agricole Corporate and Investment Bank, in a $635.9 million construction and term loan financing for two 150-megawatt Alta Wind VI and Alta Wind VIIII wind power projects being developed by Terra-Gen Power LLC in the Tehachapi area of California. The Alta Wind VI and Alta Wind VIII projects are part of Terra Gen’s Alta Wind Energy Center, a 3,000-megawatt initiative considered to be one of the largest U.S. wind development projects.

Terra-Gen Power, an affiliate of Boston energy investment group ArcLight Capital Partners and independent infrastructure investment fund Global Infrastructure Partners, develops renewable energy projects with a focus on wind, geothermal and solar generation.
The Simpson Thacher team included Ken Wyman, Amy Beller, Jessica Tuchinsky, Viktor Sapezhnikov, Darwon Choe and summer associate Patrick Gibbs (Credit); Mardi Merjian and Frank Giovinazzo (Real Estate); Michael Isby (Environmental); and Andrew Purcell and Seojung Park (Tax). Paralegal Elizabeth Galligan also provided valuable assistance.