Andrew Compton Participates in the 2026 Forum on North American Infrastructure Investments

On February 12, 2025, family office Ciardelli Investments LLC (“Ciardelli”), entered into a definitive agreement pursuant to which Ciardelli agreed to acquire a minority equity stake in Solaflect Energy, LLC (“Solaflect”), a Vermont‑based developer of off‑grid solar trackers and solar‑powered electrical vehicle chargers. The investment was implemented by way of a subscription for new preferred equity shares in Solaflect. Cravath is representing Ciardelli in connection with the transaction.

Cravath represented Syrah Resources Limited (“Syrah”), as sponsor, and its subsidiary, Twigg Exploration & Mining, Limitada, as borrower, in connection with a loan from the United States International Development Finance Corporation (“DFC”). Syrah, together with its subsidiaries, is strategically positioned as the first vertically integrated ex‑China natural graphite active anode material supplier for battery and electric vehicle manufacturers globally. Proceeds of the DFC loan will be used to fund capital requirements at the Balama Graphite Operation in Mozambique, the largest graphite mining and processing operation in the world. Graphite produced at Balama is shipped to global battery anode and industrial customers and is being processed at Syrah’s active anode material facility in Louisiana. DFC’s investment will support Syrah in preparation for increased sales to ex‑China anode customers, bolstering the U.S. supply chain for critical minerals. The transaction closed on November 8, 2024.