Sidley Represents Rockland Capital in Project Financing for 388MW New York Power Portfolio

Sidley represented Rockland Capital, a private equity firm focused on energy investments in North America, in connection with the closing of a project financing provided by Investec Bank Plc to Castleton Power, LLC, a subsidiary of Rockland Capital. The financing supports a portfolio of natural gas-fired power plants with an aggregate generating capacity of 388 MW. With plants across Castleton-on-Hudson, East Syracuse, and Lockport, New York, Rockland Capital makes a significant contribution to energy supply capacity across the Northeast. Rockland Capital specializes in acquisitions, distressed assets, capital restructuring, and management buyouts.

The Sidley team was co-led by Robert Stephens and Mahalia Doughty (both Energy and Infrastructure), with assistance from Sarah Tucker, Caroline Abbott, Julia Turner, and Terence Healey (Energy and Infrastructure), and included Elizabeth McCloy (Real Estate) and Austin Pierce (Environmental, Health, and Safety).