Deloitte Corporate Finance LLC Advises Hannah Solar in its Sale of Solar Assets
ATLANTA, May 21, 2014 — Deloitte Corporate Finance LLC (“DCF”) acted as exclusive financial advisor to Atlanta-based Hannah Solar, LLC, a full-service design/build, NABCEP Certified, solar integrator, in its recent sale of seven one-Megawatt solar facilities to a counterparty advised by Continental Renewables, LLC.
“DCF’s knowledge and experience enabled us to better identify and secure the best partner for Hannah Solar to sustain and accelerate our significant growth. DCF guided us through a well-thought-out and competitive investment banking process in order to seamlessly achieve our objectives. DCF’s leadership, experience, and extensive knowledge of the alternative energy industry were vital to accomplishing the transaction,” said Pete Marte, president and chief executive officer, Hannah Solar.
“We have been fortunate to have advised Hannah Solar over the last year and, through this process, have developed strong relationships with Pete and his team. We look forward to continuing the relationship with Hannah in the future and further establishing DCF’s presence in the alternative energy industry,” said Paul Warley, managing director, DCF.
About Hannah Solar, LLC
Hannah Solar, LLC is a full service design/build, NABCEP Certified, solar integrator headquartered in Atlanta, Georgia. Hannah Solar was started in 2008 and is a renewable energy solutions provider. Hannah’s services include solar Engineering, Procurement, & Construction (EPC), Electrical Vehicle Infrastructure deployment and critical back-up generation. Site-specific Solar Photovoltaic energy solutions include Commercial, Utility, and Residential clean power solutions. The industry sectors Hannah serves include agriculture, commercial, hospitality, local, county, and state governments, military, schools, colleges and universities, as well as faith-based institutions. For more information, visit www.hannahsolar.com.
About Continental Renewables
Continental Renewables (“CRL”) is a leader in developing, financing and operating solar electric systems. CRL works with owners and developers to optimize all aspects of the facility lifecycle from concept to retirement. With more than 30 years of combined development experience, Continental Renewables is committed to helping customers maximize their solar project investment. For more information, visit www.c-renew.com.
About Deloitte Corporate Finance LLC
Deloitte Corporate Finance LLC, an SEC registered broker-dealer and member of FINRA, is an indirect wholly-owned subsidiary of Deloitte Financial Advisory Services LLP and affiliate of Deloitte Transactions and Business Analytics LLP. Deloitte Corporate Finance LLC provides deal execution and lead financial advisory services to large corporate, middle market, and private equity firms. Deloitte Corporate Finance has access to the resources of the Corporate Finance Advisory practices of the member firms (and their affiliates) within the Deloitte Touche Tohmatsu Limited network of member firms. Together with Deloitte Corporate Finance, these practices include in excess of 1,600 professionals, working collaboratively across 150 international locations. Investment banking products and services within the United States are offered exclusively through Deloitte Corporate Finance LLC. For more information, visit www.investmentbanking.deloitte.com.
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Prior engagement performance is no guarantee of future performance and may not be representative of the experience of other clients. This communication is for informational purposes only and is not intended as an offer or solicitation for the purchase or sale of a security.
SOURCE: Deloitte LLP