Transactions

LS Power

Columbia Solar Energy

Sale of 19 MWac Columbia Solar Energy to:

Hanergy Solar

LS Power sold its subsidiary, Columbia Solar Energy, LLC (“Columbia Solar” or the “Project”), to a subsidiary of Hanergy Solar Group Ltd (“Hanergy”). Columbia Solar is a 19 MWac solar photovoltaic electric generating facility located in Pittsburg, California, approximately 40 miles east of San Francisco. Columbia Solar, to be constructed on more than 100 acres of land, will directly convert sunlight to electricity. The Project will sell its entire output to Pacific Gas & Electric pursuant to a long-term power purchase agreement. Columbia Solar is expected to achieve commercial operation by November 2014.

Marathon Capital acted as the Exclusive Financial Advisor to LS Power.

Segments
Marathon's Role

M&A - Sell Side

Client Countries

USA

Counter Party Countries

China

When

November 2013