Photo of Sahir Surmeli

Sa Surmeli is Co-chair of the firm’s Energy & Sustainability Practice and has worked on capital markets offerings for over 20 years. A Member in the firm, he practices in the Boston office. He represents emerging growth and established energy technology, information technology, life sciences and retail companies, investors and investment banks in public offerings and private financings, mergers and acquisitions, joint ventures and strategic partnerships. Sa is listed among the “Top 100 Cleantech & Renewables Lawyers” by Euromoney’s LMG Cleantech & Renewable Energy, and he is also ranked among the “Top 100 People Shaping Cleantech on Twitter” by Watershed Capital.

The world is changing! Over the last several years, Environmental, Social and Governance (ESG) criteria have been an emerging focus in the investing world, primarily driven by equity investors where it can be harder for a company raising funds to correlate capital costs with ESG impact. Last month, multinational food-products giant Danone Group and its bank group, led by BNP Paribas, redefined the ESG landscape with a credit facility that is said to directly link borrowing rates to  “verified positive impact on the word.”

Continue Reading Save the World, Reduce Your Cost of Capital: How Danone is Turning ESG Impact into Lower Borrowing Costs

In this four-part series, we revisit 2017’s biggest developments in Energy & Sustainability-related news, milestones, policy changes, and financial transactions. This is the fourth installment of the series. Click to read Part 1, Part 2, and Part 3. Continue Reading Energy & Sustainability 2017 Year in Review: Notable Deals and Financial Activities (Part 4 of 4)

In this four-part series, we revisit 2017’s biggest developments in Energy & Sustainability-related news, milestones, policy changes, and financial transactions. This is the third installment of the series. Click to read Part 1 and Part 2.

Continue Reading Energy & Sustainability 2017 Year in Review: Policy Developments (Part 3 of 4)

In this four-part series, we revisit 2017’s biggest developments in Energy & Sustainability-related news, milestones, policy changes, and financial transactions. This is the second installment of the series. Click to read Part 1.

Continue Reading Energy & Sustainability 2017 Year in Review: Milestones (Part 2 of 4)

In this four-part series, we revisit 2017’s biggest developments in Energy & Sustainability-related news, milestones, policy changes, and financial transactions. This is the first installment of the series. Continue Reading Energy & Sustainability 2017 Year in Review: Tax Bill (Part 1 of 4)

A new report from Baird Equity Research outlines the inroads made by solar energy the past two years and projects the industry’s continued growth over the long term. In particular, the report cites increased installations, decreasing costs, and consistent technological advancements as key contributors to the industry’s success.

Continue Reading New Report Highlights Progress and Growth Potential of Solar Industry

On December 12, French President Emmanuel Macron, joined by President of the World Bank Group, Jim Yong Kim and the Secretary-General of the United Nations, António Guterres, hosted the One Planet Summit highlighting public and private finance in support of climate action. The summit’s focus centered on addressing the fight against climate change and ensuring that climate issues are central to the finance sector.

Continue Reading Climate Change and Trends in Global Finance

On November 1, the Baker-Polito Administration awarded $3.7 million in grants to increase the adoption of cost-saving clean energy technologies by Massachusetts low-income residents as part of the Commonwealth’s Affordable Clean Residential Energy Program (ACRE).

Continue Reading Baker-Polito Administration Awards $3.7 Million in Grants for Clean Energy Technology

On October 31, 2017, the Massachusetts Legislature’s Joint Committee on Labor and Workforce Development heard testimony on six bills introduced this session addressing the use of non-compete agreements in Massachusetts. Each of the bills includes provisions that would place restrictions on the use of non-competes, with the aim of introducing more fairness to a dynamic skewed against workers, as Representative Lori Ehrlich argued in her testimony. Business interests claim non-compete agreements hurt innovation, a topic that became a focus of the hearing. The committee also considered arguments to update the state’s trade secret laws as well as to include language in the legislation that provides for strong garden leave and notice provisions in order to induce companies to reduce the use of non-competes. The bills are expected to remain before the committee until after the new year. The Massachusetts House and Senate passed bills to limit the use of non-competes last year, but negotiations between the branches broke down in conference committee. To learn more, please follow the link to our partner page at ML Strategies.

The Northeast Clean Energy Council (NECEC), the nation’s foremost clean energy advocacy group, recognized our own Tom Burton as one of eight clean energy industry leaders at NECEC’s 10th Annual Green Tie Gala on October 26 in Boston. Tom and the seven other awardees received special “Decade of Influence” Green Tie Gala Awards for their work advancing the clean energy economy over the past decade. Joining Tom in receiving this esteemed honor:

  • Alicia Barton, President and CEO, New York State Energy Research and Development Authority
  • Ian Bowles, Co-Founder and Managing Director, WindSail Capital Group
  • Steve Cowell, President, E4TheFuture
  • Tim Healy, former Chairman and Chief Executive Officer, EnerNOC
  • Emily Reichert, CEO, Greentown Labs
  • George P. Sakellaris, President and Chief Executive Officer, Ameresco
  • Mitch Tyson, Tyson Associates, NECEC Board Chair

We are proud to have served as a sponsor for this event, which was comprised of 400+ attendees. We congratulate Tom and the seven other clean energy trailblazers on this wonderful accomplishment!

Continue Reading Tom Burton Recognized as Clean Energy Leader by Northeast Clean Energy Council