Auburn, MA Boston law firm Sherin and Lodgen LLP’s Renewable Energy Group represented Agilitas Energy, and its affiliate, in a construction and term loan for a utility scale solar facility coupled with battery energy storage, from lender, 1st Source Bank. The project includes eligible investment tax credits and will combine solar and battery storage and receive incentive payments through the Massachusetts SMART program.
The Sherin and Lodgen team was led by Beth Goldstein, chair of the Renewable Energy Group, and included Tyler Ballew. Sherin and Lodgen represented Agilitas in the initial purchase of the project from a previous solar developer.
Agilitas Energy is a leading commercial developer and operator of distributed solar and utility scale battery storage resources in the Northeast. The Company’s team of professionals takes projects from inception through construction to operations. The projects are built to the high institutional standards to meet the demands of the major stakeholders; namely utilities, off-takers, municipalities, regulators and investors.