BOSTON, August 2, 2022: Morgan Lewis represented Longroad Energy Holdings LLC in the company’s $500 million equity investment by MEAG, the NZ Super Fund, and Infratil Limited. The investment will accelerate the expansion of Longroad’s current 1.5 GW portfolio of owned assets to 8.5 GW of wind, solar, and storage projects over the next five years.
Founded in 2016, Longroad is a Boston-headquartered renewable energy developer focused on the development, ownership, and operation and asset management of wind and solar energy and storage projects. MEAG manages the assets of Munich Re and ERGO and has representations in Europe, Asia, and North America. The NZ Super Fund is a sovereign wealth fund in New Zealand providing universal superannuation. Infratil Limited is a New Zealand-based infrastructure investment company.
The Morgan Lewis team advising Longroad included partners John Filippone and Lise Lipowsky and associates Jang Kang and Crystal Fang.