Shikun & Binui Increases its Energy Portfolio in the U.S.
Categories: Projects & Energy
A team of Pillsbury lawyers has advised Shikun & Binui as it expands its energy portfolio with an agreement to buy Savion’s Brazoria West Solar Project in Texas. The Pillsbury team is also advising on tax equity financing, which will be executed at the financial closing.
The transaction was led by Mona Dajani, the Global Co-Head of the firm’s Energy & Infrastructure Projects Team, and Jorge Medina, lead tax equity partner, together with counsel Shellka Arora-Cox, special counsel Josh Morton, associate Danielle Unterschutz and senior law clerk Jack Price.
With the help of Pillsbury, this is the second acquisition and will be the third renewable asset for S&B USA Energy, after acquiring Beacon II and Beacon V in late December 2020.
