Chadbourne represents owners of Solar Gen 2 LLC in sale to First Solar
Chadbourne & Parke has represented Apache Solar Energy LLC (a subsidiary of the Goldman Sachs Group Inc), Energy Power Partners LLC and Apex Energy Solutions LLC in the recent sale of Solar Gen 2 LLC to First Solar Development LLC (a subsidiary of First Solar Inc).
Solar Gen 2 is developing a 150MW AC solar photovoltaic electric generating project in Imperial Country, California — construction of which is expected to start this year and be completed in 2014.
The electrical output of the project will be sold to San Diego Gas & Electric Company under a 25-year power purchase agreement.
Principal attorneys at Chadbourne working on the transaction were New York partners Paul Weber, Kevin Smith, Larry Plotkin and Ted Markson, and New York associates Nicholas Scannavino, Dianna Nixon and Michael Masri.
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The New York State Department of Labor recently published proposed regulations addressing employer deductions from employee wages.