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Covington Advises Borrego Solar in First Round of Venture Financing

2/5/2009

SAN FRANCISCO, CA, February 5, 2009 — Covington & Burling LLP advised solar power systems designer and installer Borrego Solar Systems Inc. in a $14 million first round of venture financing from an unnamed publicly traded company.

Borrego Solar is a solar electric contractor specializing in commercial, residential and public sector turnkey, grid-connected solar electric systems. Founded in 1980, the company has designed and installed more than 800 photovoltaic (PV) systems.

The Covington team was lead by corporate partner Bruce Deming and included associates Ingrid Rechtin and Christina Chung. All are based in the firm’s San Francisco office.

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