Holland & Hart represented Denver-based SunShare, LLC, the nation's oldest and largest residential community solar company, in securing a $30 million equity commitment from Ember Infrastructure, a New York-based private equity firm delivering capital solutions to businesses and assets seeking to reduce carbon intensity and enhance resource efficiency. The investment will accelerate SunShare's successful business model of combining market innovation with full life-cycle solar development and ownership capabilities and allow it to expand into new states.
SunShare, a family-owned company, has been a leading proponent of community solar since its inception in 2011, with more than 13,000 customers subscribed in over 80 community solar projects across Colorado and Minnesota. SunShare is one of the few developers to own and operate its projects.
The Holland & Hart transactional team was led by partners Billi McCullough, Chris Groll, and Adam M. Cohen.
For more information, please see SunShare’s press release.
Holland & Hart’s Energy and Resources attorneys have been rooted in the energy and resources industry through generations. As the industry has evolved to include renewable and other clean energy sources, our team anticipates market developments and helps our clients stay a step ahead. We partner with clients to develop strategies that will sustain through the entire life cycle of operations, even guiding clients through asset ownership changes or hard times.