Leaf Invenergy Co. v. Invenergy Renewables LLC

TRAYNOR, Justice:

*690 In 2008, Invenergy Wind LLC ("Invenergy"), a wind energy developer, was raising money for a Series B investment round, and Leaf Clean Energy Company ("Leaf Parent"), an investment fund, expressed interest. After extensive negotiations, Leaf Parent invested $ 30 million in Invenergy Series B notes through a vehicle called Leaf Invenergy Company ("Leaf"). The agreement governing the Series B notes ("Series B Note Agreement") gave noteholders such as Leaf the right to convert to equity and incorporated an LLC agreement ("Series B LLCA") that the noteholders and Invenergy would…