Details have emerged of the financial and legal advisors that worked on the sale of a stake in Blackstone Group’s Onyx Renewable Partners L.P. to SDCL Energy Efficiency Income Trust (SEEIT).
BNP Paribas served as exclusive financial advisor to Blackstone on the sale of a 50% interest in solar commercial and industrial (C&I) developer Onyx, along with a 100% interest in 175 MW of solar projects, according to two sources familiar with the transaction.