Sidley Represents Faraday Future in its Concurrent Purchase and Sale-Leaseback of its Hanford, California, EV Manufacturing Facility
November 6, 2023
Related Professionals
Stay Up To Date
Sidley advised Faraday Future Intelligent Electric Inc. in connection with its purchase and simultaneous sale leaseback of its Hanford, CA, electric vehicle manufacturing facility. The transaction, which did not require Faraday to sell any of its PP&E or other assets, is expected to provide Faraday with the capital to complete its plant improvements and infrastructure enhancements supporting vehicle production ramp-up. The facility is a one-million-square-foot facility that will have the capacity to produce approximately 10,000 vehicles per year when completed.
The Sidley team was led by Keith Hayden Del Prete with assistance from Elizabeth McCloy and Jonathan Koh.
This website uses cookies. Analytical cookies help us improve our website by providing insight on how visitors interact with our site, and necessary cookies which the website needs to function properly.
Necessary Cookies
The website cannot function properly without these necessary cookies, and they can only be disabled by changing your browser preferences. To learn more about these cookies, how we use them on our website, and how to revise your cookie settings, please view our cookie policy.
You have successfully set your edition to United States. Would you like to make this selection your default edition?
*Selecting a default edition will set a cookie.
This website uses cookies. Analytical cookies help us improve our website by providing insight on how visitors interact with our site, and necessary cookies which the website needs to function properly.
Necessary Cookies
The website cannot function properly without these necessary cookies, and they can only be disabled by changing your browser preferences. To learn more about these cookies, how we use them on our website, and how to revise your cookie settings, please view our cookie policy.