Latham & Watkins Advises Cubico in Tax Equity Transaction for Delta’s Edge Solar project
Cubico Sustainable Investments (Cubico), one of the largest privately owned renewable energy companies, announced the commencement of operations at Delta’s Edge, a 135MWdc solar PV project situated in Carroll County, Mississippi. The solar farm will provide renewable energy to over 14,000 homes and businesses across the state.
The project successfully closed tax equity financing in August 2023, supported by Raymond James and Monarch Private Capital.
Latham & Watkins LLP advised Cubico in the tax equity financing with a project development and finance team led by New York partners Eli Katz and Kelly Cataldo, with associate Lauren Lozada. Tax advice was provided by Washington, D.C. counsel Isaac Maron. Advice was also provided on energy regulatory matters by Washington, D.C. partner Tyler Brown and Washington, D.C. counsel Anna Biegelsen and on environmental matters by Los Angeles/Houston partner Josh Marnitz.