EX-5.1 2 d560982dex51.htm EX-5.1 EX-5.1

Exhibit 5.1

 

LOGO

John Sellers

+1 650 843 5070

jsellers@cooley.com

April 2, 2018

Enphase Energy, Inc.

1420 N. McDowell Blvd.

Petaluma, California 94954

Ladies and Gentlemen:

We have acted as counsel to Enphase Energy, Inc., a Delaware corporation (the “Company”), with respect to certain matters in connection with the filing by the Company of a Registration Statement on Form S-3 (the “Registration Statement”) with the Securities and Exchange Commission, including a prospectus that forms a part of the Registration Statement (the “Prospectus”), covering the registration for resale of 9,523,809 shares (the “Shares”) of the Company’s common stock, par value $0.00001 per share (the “Common Stock”), that are currently outstanding, as held by the respective selling stockholders identified in the Prospectus.

In connection with this opinion, we have examined and relied upon (a) the Registration Statement and the Prospectus, (b) the Company’s Certificate of Incorporation and Bylaws, each as currently in effect and in effect at the time of the issuance of the Shares, and (c) originals, or copies certified to our satisfaction, of such records, documents, certificates, opinions, memoranda and other instruments as in our judgment are necessary or appropriate to enable us to render the opinion expressed below. We have assumed the genuineness and authenticity of all signatures on original documents; the authenticity of all documents submitted to us as originals; the conformity to originals of all documents submitted to us as copies thereof; and the accuracy, completeness and authenticity of certificates of public officials. As to certain factual matters, we have relied upon a certificate of an officer of the Company and have not sought independently to verify such matters.

Our opinion herein is expressed solely with respect to the General Corporation Law of the State of Delaware. We express no opinion to the extent that any other laws are applicable to the subject matter hereof and express no opinion and provide no assurance as to compliance with any federal or state securities law, rule or regulation.

On the basis of the foregoing, and in reliance thereon, we are of the opinion that, the Shares have been validly issued and are fully paid and nonassessable.

We hereby consent to the reference to our firm under the caption “Legal Matters” in the Prospectus and to the filing of this opinion as an exhibit to the Registration Statement.

 

Sincerely,
Cooley LLP
By:   /s/ John Sellers
        John Sellers

 

Cooley LLP    3175 Hanover Street    Palo Alto, CA    94304-1130
t: (650) 843-5000  f: (650) 849-7400  cooley.com