White & Case Advises ARCH Emerging Markets Partners Limted on Investment in CrossBoundary Energy

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Global law firm White & Case LLP has advised ARCH Emerging Markets Partners Limited (ARCH) on its investment in CrossBoundary Energy, one of Sub-Saharan Africa’s leading providers of fully financed commercial & industrial (C&I) solar solutions. 

"Having successfully advised ARCH on its initial investment in CrossBoundary Energy, we have continued our role as adviser to ARCH on this strategically important follow-on investment," said White & Case partner Ken Barry, who led the Firm's deal team. "This investment by ARCH enables CrossBoundary Energy to exit its first fund, one of the first funds dedicated to C&I solar in Africa, and to continue to develop, construct and operate its Sub-Saharan Africa C&I solar portfolio."

Launched in 2015, CrossBoundary Energy is a leading sub-Saharan Africa investment platform for C&I solar assets. CrossBoundary Energy's solar-as-a-service model allows corporate customers to avoid the upfront capital expenditure and technical risk that can be a barrier to solar adoption. Instead, customers enter into long-term solar service agreements under which CrossBoundary Energy (in partnership with local developers and solar contractors) finances, installs and operates solar assets to provide customers with cleaner and cheaper power.

Founded in 2018, ARCH is an emerging markets investment advisory firm specialising in private equity opportunities with a focus on energy and logistics in developing economies. Through its dedicated Africa Renewable Power Fund, ARCH's mission is to create long term value for its stakeholders while addressing the African market's growing demand for bankable, de-risked electricity generation.

The White & Case team in London which advised on the transaction was led by partner Ken Barry and included associate Oji Adoh. 

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