Chadbourne & Parke represents Google in renewable energy investment
Chadbourne & Parke has represented Google in a $12m (£8m) investment in the Jasper Power Project, a 96MW solar photovoltaic plant in the Northern Cape province of South Africa.
The transaction, which closed on 30 May 2013, represents Google’s first renewable energy investment in Africa.
Upon completion, the Jasper Power Project will reportedly become one of the largest solar installations on the continent, capable of generating enough electricity to power 30,000 South African homes.
The project — developed and funded by SolarReserve, Intikon Energy and the Kensani Group — is also backed by Rand Merchant Bank, the Public Investment Corporation, the Development Bank of South Africa and the PEACE Humansrus Trust.
The project will create approximately 300 construction and 50 permanent jobs in the region.
The Chadbourne & Parke team included Ms Alcala, Matt Gurch, Ginger Collier and Lynne Gedanken.
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