Sherin And Lodgen Represents Boston Private Bank In Deal To Finance Municipal Solar Project In Massachusetts


Boston-based law firm Sherin and Lodgen LLP has represented Boston Private Bank & Trust Co. in the development of a virtually net metered 3.106 MW solar project located in Halifax, Mass.

The deal involved Boston Private's $6.8 million loan for project development. The electricity generated by the project will be sold to the City of Brockton under a power purchase agreement with investor and owner NuGen Capital.

‘Sherin and Lodgen's deep understanding of the solar space creates a collaborative atmosphere that benefits all parties to a transaction,’ says Dan Poydenis, managing director and general counsel of NuGen Capital.

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