Sidley was recognized for its work on two groundbreaking energy and infrastructure transactions. The firm represented the investors providing the construction equity for projects developed by the Advanced Clean Energy Storage Joint Venture (ACES Delta, LLC), which will be the largest green hydrogen production and storage platform in the world upon completion. The transaction was partially financed through a Department of Energy loan, the first to have been issued since September 2011. The firm is also representing Distributed Solar Development, LLC, a leader in large-scale, custom solar PV and energy storage solutions, in a US$155 million private notes offering that securitized a portfolio of commercial and industrial (C&I), and community distributed generation assets. The offering is the first ever 144A transaction to securitize a C&I portfolio with a significant concentration of CDG assets, and is the first term securitization sponsored by DSD. The deal sets an industry model for issuers seeking to bring community solar to debt capital markets.
Winners will be announced at the awards ceremony in New York City on December 4, 2023.