Client Success

Sherin and Lodgen represents Cambridge Savings Bank in financing of 40 solar sites in Vermont, New York, and California

October 20, 2020

Sherin and Lodgen represented lender Cambridge Savings Bank in the $27 million back leveraged debt refinancing to Kendall Sustainable Infrastructure I, L.P, a fund managed by Kendall Sustainable Infrastructure, LLC, in connection with 40 solar sites in Vermont, New York, and California. The Sherin and Lodgen team was led by partners, Beth A. Goldstein and Jack G. Anetakis, and included Paula G. Curry, partner, and Daniel C. Johnston and Tanya M. Larrabee, associates.

About Cambridge Savings Bank

Cambridge Savings Bank (CSB) is a full-service banking institution with over $5 billion in assets. As a mutual bank, CSB is committed to improving the quality of life of our employees, customers, and the communities we serve. One of the oldest and largest community banks in Massachusetts, Cambridge Savings Bank offers a full line of individual and business banking services and has branches located in Arlington, Bedford, Belmont, Burlington, Cambridge, Charlestown, Concord, Lexington, Melrose, Newton, and Watertown.

About Kendall Sustainable Infrastructure

Kendall Sustainable Infrastructure, LLC (KSI) is an infrastructure investment firm dedicated to building and owning long-term assets, including solar, water, and other sustainable infrastructure projects. They build and operate cleaner, more resilient, and more efficient infrastructure that serves local communities. KSI’s financial and operational resources are devoted to empowering communities and providing attractive returns to our investors.