Foley Hoag is part of a team advising the Public Sector Pension Investment Board (PSP Investments) in its agreement to sell the U.S. operations of FirstLight to Hull Street Energy, a private equity firm focused on power infrastructure and energy transition investments.
The transaction includes FirstLight's portfolio of approximately 1.4 GW of installed clean electric capacity across hydroelectric generation, energy storage, and solar energy assets located in Massachusetts, Connecticut and Pennsylvania.
The Foley Hoag team was led by Adam Kahn and Mark Haddad and included Tad Heuer, Zachary Gerson, Jonathan Book, Nitzan Fisher Conforti, Daniel Carlston, Ariel Chen, and Matthew McQuilla.
Read PSP Investment's press release announcing the agreement.