A Lawyer Monthly article details how White & Case guided Lightning Power, an LS Power subsidiary, through the repricing of its $600 million revolving credit facility. According to the article, the transaction enhances financing terms for Lightning Power’s portfolio of 18 natural gas-fired power projects, assembled to meet U.S. energy demands as a leading independent power producer.
LS Power, with over 47,000 MW of developed capacity since 1990, leverages this deal to optimize capital for its middle-market operations, says Lawyer Monthly.
The White & Case team was led by partners Yehuda Rubel, Justin Wagstaff and Andrew Weisberg, underscores the firm’s role in complex debt finance for energy clients, the article says.