Private equity investing, including both debt and equity, is a core component of our transactions business. Our private equity experience has a particular focus in oil and gas, power and infrastructure investments, but also includes a wide variety of other industries. We handle all types of transactions on behalf of private equity clients, including fund development, joint ventures, distressed investments and exit transactions. Our team includes lawyers with significant experience advising private equity clients on fund formation, tax, and regulatory matters.
Recent Notable Matters
Sol Systems LLC — joint venture with Nationwide Mutual Insurance Co. for the formation of the Helios Infrastructure Fund, which will acquire and own over 330 megawatt of utility and commercial solar assets
Bluescape Resources Company LLC — $2.5 billion equity investment in FirstEnergy Corp., which includes $1.62 billion in mandatory convertible preferred equity and $850 million of common equity
Rockland Capital, LLC — acquisition of a portfolio of six generating plants with a combined generation capacity of 972.5 megawatt from AES Ohio Generation, LLC
Rockland Capital, LLC — $180 million acquisition of the 625 megawatt Lee Energy Facility in Dixon, Illinois from Dynegy Inc.
Basalt Infrastructure Partners II LP — acquisition of Detroit Renewable Energy LLC, an integrated renewable energy system comprised of Detroit Thermal, Detroit Renewable Power and Hamtramck Energy Services
First Reserve Corporation — long term hedge arrangement to enable the acquisition and financing of the 298 megawatt Kingfisher Wind Project located in Oklahoma; named "Commodities Deal of the Year" at the 2015 Commodity Business Awards, 2015 Financial Deal of the Year at the Platts Global Energy Awards and Deal of the Year at the 2016 Energy Risk Awards
La Caisse de depot et placement du Quebec — investment of up to approximately $593 million in AES US Investments, Inc. and IPALCO Enterprises, Inc., subsidiaries of The AES Corporation and parent companies of Indianapolis Power & Light Company, for an aggregate direct and indirect interest in IPALCO of up to 30 percent
Brookfield Infrastructure Group Corporation — sale of Cross Sound Cable Company, the owner of a high voltage direct current electric transmission system connecting the New England and New York power grids, to A1A Energy North America LLC, an affiliate of Argo Infrastructure Partners
Rockland Capital, LLC — acquisition of Shelby County Energy Center, a 352 megawatt natural gas-fueled electric generation plant located in Shelby County, Illinois from an affiliate of NRG Energy, Inc.
Rockland Capital, LLC — acquisition of three natural gas-fired generation facilities in Grand Tower, IL; Elgin, IL; and Gibson City, IL, with a combined capacity of 1,166 megawatt, from an affiliate of Ameren Corporation
Bluescape Resources Company — equity investment in Clean Line Energy Partners LLC