HOUSTON – Bracewell LLP represented Evercore, financial advisor to the Conflicts Committee of the Board of Directors of 8point3 General Partner, LLC (the "General Partner"), the general partner of 8point3 Energy Partners LP (NASDAQ: CAFD) ("8point3" or the "Partnership"), regarding 8point3's entry into a definitive merger agreement with CD Clean Energy and Infrastructure V JV, LLC, an investment fund managed by Capital Dynamics, Inc., and certain other co-investors (collectively, "Capital Dynamics"), pursuant to which Capital Dynamics will acquire 8point3 through an acquisition of the General Partner, all of the outstanding Class A shares in the Partnership and all of the outstanding common and subordinated units and incentive distribution rights in 8point3 Operating Company, LLC, the Partnership's operating company (the "Proposed Transactions"). The Proposed Transactions represent about $977 million in equity value and about $1.7 billion in enterprise value.
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Bracewell attorneys involved in this transaction included:
Partner: Will Anderson
Associates: Benjamin J. Martin and Andrew W. Monk