FOR IMMEDIATE RELEASE
NEW YORK, April 27, 2016 – A Milbank, Tweed, Hadley & McCloy LLP deal team led by corporate partner John Franchini has advised global private markets investment manager Partners Group in its equity investment in Silicon Ranch Corporation, a leading developer, owner and operator of solar energy facilities in the US.
The capital from Partners Group, and from certain existing investors, will support Silicon Ranch in building out its substantial portfolio of growth projects. With this investment, funds managed and/or advised by Partners Group collectively are now Silicon Ranch's largest shareholder.
In addition to Mr. Franchini, the Milbank Corporate team included partner Roland Hlawaty and associates Broderick Henry and Daniel Tyrrell; the Global Project Finance team included partner Allan Marks, of counsel Michael Dayen and associate Eusebius Luk; Tax counsel was provided by special counsel Drew Batkin.
Mr. Franchini commented: “We’re delighted to work with Partners Group in providing growth capital to Silicon Ranch, and are excited by the prospects for the company. We are pleased that Partners Group was able to invest in such an experienced and successful management team, together with its group of founding investors."
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Milbank, Tweed, Hadley & McCloy LLP is a leading international law firm that provides innovative legal services to clients around the world. Founded in New York 150 years ago, Milbank has offices in Beijing, Frankfurt, Hong Kong, London, Los Angeles, Munich, São Paulo, Seoul, Singapore, Tokyo and Washington, DC.
Milbank’s lawyers collaborate across practices and offices to help the world’s leading commercial, financial and industrial enterprises, as well as institutions, individuals and governments, achieve their strategic objectives.
