Paul Hastings Advised Spearmint Energy on $47.5 Million Financing for Battery Energy Storage Project in ERCOT

February 07, 2024

Paul Hastings LLP advised a subsidiary of Spearmint Energy, a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, in connection with a $47.5 debt financing to support Spearmint’s recently-completed Revolution Project – a 150 MW, 300 MWh battery energy storage facility in West Texas.

Partners Luis F. Gomar (Energy & Infrastructure) and Jason H. Busch (Global Finance) led the Paul Hastings team, which also included associates Elena Rodriguez, Vanessa Parada, and Jose P. Salas. Additional members of the Paul Hastings team included Mike Haun and Lena Son on tax matters, Donna Bobbish on energy regulatory matters, and Mehran Massih on environmental matters.

More information about the transaction can be found here.

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