Husch Blackwell successfully represented NV Energy Inc. in connection with its transaction with Apple Inc. for a 20-megawatt, 137-acre photovoltaic solar plant in Nevada. The project is the first under NV Energy’s Green Energy Program, which enables companies to contract with the utility for the development of renewable power facilities to offset specific use. Described as among Apple’s largest renewable energy investments to date, the facility will generate approximately 43.5 million kilowatt hours of clean energy and is being built in support of a data center that Apple is constructing outside of Reno.
The deal has been described as groundbreaking in terms of the relationship between a utility and a customer, with respect to a renewable power facility. The plant, to be built on property owned by NV Energy, initially will be owned by Apple. NV Energy will lease, operate and maintain the facility, with a future option to buy the facility.
Husch Blackwell’s Energy group represented NV Energy throughout the transaction, with a team that included Partners John Crossley, Brogan Sullivan, Jim Goettsch and Jason Reschly.
Husch Blackwell represents clients throughout the energy and natural resources sectors, providing a full range of legislative, regulatory, transactional, commercial and litigation services. Members of the firm’s Energy group understand the evolving energy and natural resources sectors and help clients take advantage of a constantly changing environment to achieve their strategic goals.