Fenwick & West Represents Zep Solar in its Acquisition by SolarCity for $158 Million

October 09, 2013


Fenwick & West represented Zep Solar, Inc., one of the leading providers of residential photovoltaic module mounting systems in the US, in its acquisition by SolarCity Corporation, a provider of clean energy solutions. SolarCity will pay approximately $158 Million in shares of common stock, and is subject to reduction for the amount of net indebtedness of Zep Solar as of the closing.

The Fenwick transaction team included corporate attorneys Doug Cogen, Lynda Twomey, Gaurav Sud and Ashley Romero; technology transaction attorneys Stephen Gillespie, Sue Lai and Madeline Zamoyski; executive compensation and employee benefits attorneys Scott Spector, Mona Clee, Elizabeth Gartland and Patrick Grilli; and tax attorneys Ronald Schrotenboer and Idan Netser.