A Locke Lord team led by Baker Coon (Providence) and Mike Malfettone (New York) represented Greenbacker Capital Management, LLC, through an affiliated fund, in a strategic investment in Delorean Power, a developer and owner-operator of standalone battery energy storage projects in the United States. The $20 million commitment from Greenbacker will enable Delorean to further scale its platform and continue to execute and expand on its existing pipeline of energy storage projects, which are integral to the clean energy transition. For more information, see the press release. Additional assistance was provided by Mark Miller (Houston).
Posted on January 11, 2022