Sidley represented Fifth Wall as a lead investor in Solarcycle, Inc.’s Series A financing round. Solarcycle is a developer of a technology platform for scaling advanced recycling of solar systems in an effort to create a more sustainable solar industry supply chain. Other investors in the Series A round included HG Ventures, Prologis Ventures, Urban Innovation Fund, and Closed Loop Partners. In connection with the Series A financing, Fifth Wall also provided infrastructure financing for Solarcycle’s first-of-a-kind Odessa, Texas factory as part of a hybridized financing structure tailored to Solarcycle’s hardware-intensive business. The deal was featured in a recent Forbes article titled “Solarcycle Plans To Recycle 1 Million Panels A Year With Help From $30 Million In Financing.”
The Sidley team was led by corporate partners Andrew Harper and Tim Chandler, and included Jake Funk and Yasmeen Sayyah (Emerging Companies and Venture Capital); Cedric Seley (Energy and Infrastructure); Rachelle Soderstrom and Ida Ebeid (Technology and Life Sciences Transactions); and Maureen Crough (Environmental).
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.
