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.
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.
