Insights
Search Results
Client Highlights
10.23.25
Wilson Sonsini Advises LCI on Landmark Clean Energy Deal with Google
On October 23, 2025, Low Carbon Infrastructure (LCI), I Squared Capital, and Google announced a landmark clean energy deal to develop the Broadwing Energy Project, an over-400-MW and over-1.5-million-pounds-of-steam-an-hour natural gas-fired cogeneration power plant integrated with carbon capture and sequestration (CCS) technology, located at an Illinois industrial facility operated by Archer Daniels Midland (ADM). Wilson Sonsini Goodrich & Rosati advised LCI on the transaction with Google and previously announced transactions with ADM.
Client Highlights
10.08.25
Firm Advises Clearway on Acquisitions of Catalina Solar Facility and Deriva Energy’s Solar Portfolio
On October 6, 2025, Clearway Energy, Inc., one of the largest owners of clean energy generation assets in the U.S., announced that it has entered into a binding agreement to acquire a 613MWac portfolio of operating solar assets from Deriva Energy spanning eight states. Clearway also recently announced its acquisition of the 109 MW Catalina Solar facility in Kern County, California. Wilson Sonsini Goodrich & Rosati advised Clearway on the transactions.
Client Highlights
1.02.24
Wilson Sonsini Advises MarketAxess in $15 Million Tax Credit Transfer Agreement
On December 27, 2023, specialized components manufacturer Broadwind (Nasdaq: BWEN) announced that it had entered into a definitive Tax Credit Transfer Agreement with MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income, to sell approximately $15 million worth of earned Advanced Manufacturing Production Credits. These credits are an integral part of the Inflation Reduction Act (IRA). Wilson Sonsini Goodrich & Rosati advised MarketAxess on the transaction, one of the first to close involving the sale of tax credits under Section 45X of the IRA.
Client Highlights
10.25.23
Firm Advises Warwick Carbon Solutions on its First-of-Its-Kind Industrial Decarbonization Project
On October 5, 2023, Warwick Carbon Solutions (WCS) subsidiary Broadwing Energy announced that it signed formal agreements to build a first-of-its-kind power and steam cogeneration facility in Decatur, Illinois. WCS will build and operate a 360MW cogeneration plant with carbon capture and sequestration for the provision of integrated clean energy and green steam to Archer-Daniel-Midland's (ADM's) Decatur processing operations. Wilson Sonsini Goodrich & Rosati serves as lead project development and finance counsel to WCS in the transaction, having negotiated power and steam supply, carbon transfer and management services, FEED, and related real estate agreements, advised on interconnection and regulatory matters, are preparing to negotiate EPC agreement and financing arrangements for the project with 45Q investment tax credits and long-term debt. This may be one of the largest industrial decarbonization projects ever developed and financed in the U.S. with capacity to permanently sequester more than two million tons of CO2 annually.