Fenwick Represents GreenieRe in $200 Million Investment by CGC

Fenwick represented GreenieRe Coalition, an impact-focused reinsurance company devoted to reducing costs and financing obstacles in the insurance market to accelerate the deployment of clean energy technologies at-scale, in its $200 million investment from Coalition for Green Capital (CGC), a 501(c)(3) organization committed to reducing greenhouse gas emissions and advancing clean energy equity through public-private partnerships.

With CGC’s capitalization, GreenieRE will start to alleviate risks holding back decarbonization infrastructure and address the lack of affordable and comprehensive insurance for qualified clean power projects by providing tailored and innovative insurance solutions. More information can be obtained from the news announcement.

Fenwick represented GreenieRe Coalition and its licensed industry association captive in the transaction with a multidisciplinary deal team led by insurance regulatory partner Heidi Lawson and corporate partner Eric Shedlosky with the assistance of regulatory associates Sarah Hopkins and Faye Wang. Working closely with Primmer, Piper, Eggleston & Cramer PC, the local Vermont counsel, Fenwick team tackled novel insurance regulatory issues and helped structure the deal to accomplish the commercial purpose within the restraints of complex insurance regulations.