Washington, DC. Nixon Peabody LLP is proud to have recently represented Galway Sustainable Capital in its strategic investment in Yield Resource Management Group (Yield RMG), a privately held developer and manager of sustainable agriculture, water and energy products.
Galway is a specialty finance company investing in companies, projects and assets that promote environmental and social resilience through locally based solutions, ultimately building platforms that use resources more efficiently.
This investment facilitated Yield RMG’s acquisition of Central Coast Compost in Hollister, California, and its conversion to a state-of-the-art vermicompost facility called Central Coast Worm Farm (CCWF). CCWF produces and sells agriculture-grade compost and premium worm castings. After the acquisition, CCWF continues to help businesses and municipalities in the region divert organic waste from landfills and convert it into organic soil amendment products with its novel finishing process. Galway’s investment will also support the newly formed joint venture’s expansion of operations along the West Coast and future development of other vermicomposting, novel water treatment, bioenergy and sustainable agriculture projects across the U.S.
“We congratulate the Galway team on this investment, which will create a positive impact in the area and supports the furtherance of sustainable agriculture technologies,” said Pierce Haesung Han, a partner in Nixon Peabody’s Corporate practice and lead attorney for Galway. “The work CCWF is doing is vital for the West Coast’s food, water, and waste management economy, and Galway’s investment holds true to its promise of a better future for all. We are truly fortunate to have played a role and look forward to continuing our work with them.”
In addition to Han, the NP team representing Galway in this investment included partners Todd Tidgewell, Alison Torbitt, Ian O’Banion, and Bryan LeRoy; counsels Ernest Chung and Dana Stanton; and associates Hillary Baca and Stratton Constantinides.
