TerraForm Power’s $1.2 Billion High‑Yield Senior Notes Offering

Cravath represented TerraForm Power Operating, LLC in connection with its $1.2 billion 144A/Reg. S high‑yield senior notes offering. TerraForm Power Operating, LLC is an operator of solar generation facilities and wind power plants. The transaction closed on December 12, 2017.

The Cravath team included partner William V. Fogg and associate Eliza S. Marshall on securities matters, and associate Joyce Y. Kim and foreign associate attorney Jean‑Baptiste Frantz on tax matters. Carys A. Johnson also worked on securities matters.