Delivering both traditional and energy transition asset advice alongside cutting-edge technological and innovative expertise, Kirkland & Ellis LLP continues to handle blockbuster multi-billion dollar asset and company acquisitions and disposals, often working for some of the market’s most formidable financial sponsors and pension funds. The team has responded to motivations from both domestic and European investors taking interest in tax credit instructions through the hire of Sam Kamyans from Allen & Overy LLP in June 2023, with his expertise combining with fellow tax specialist Michael Masri to service the firm’s ever-expanding stream of solar, wind and battery storage deals. The Houston-based Andrew Calder heads the team and is often active on the firm’s most substantial mandates, including Global Infrastructure Partners’ recent acquisition by BlackRock. Kevin Crews operates out of Dallas and is noted for his far-reaching practice that has seen him advise on wind and solar, forestry, and RNG projects, while Cyril Jones has been predominantly engaged with private equity acquisitions and joint venture deals, acting from the firm’s Houston office. Out of New York, Kristin Mendoza is a key contact to the practice’s clean energy and sustainable infrastructure platforms such as CleanCapital and Arclight Capital Partners, often working alongside Houston’s Ahmed Sidik who is equally well versed across M&A, divestitures, private equity and project development investments. Also advising from the firm’s Houston office, Rhett Van Syoc is one of the main ports of call for Blackstone and its portfolio companies for buyouts, investments and disposals.
Work highlights
- Advised Blackstone Infrastructure Partners (BIP) on the acquisition by IRG Acquisition Holdings LLC, a joint venture between Invenergy, CDPQ and funds managed by BIP, of a 1,365-megawatt unregulated, contracted renewables portfolio from American Electric Power (AEP) for a $1.5 billion enterprise value including project debt.
- Advised TPG and Blue Source Sustainable Forests, a joint venture between TPG Rise-backed Anew Climate and various equity investors, in a $1.8 billion acquisition of entities managed by The Forestland Group, which owns 1.7 million acres of timberland, 1.5+ million acres of which have been acquired by BSFC and 200 thousand acres of which will be acquired pending closing under definitive agreements executed by BSFC and The Forestland Group entities.
- Advised Archaea Energy Inc on its sale to bp p.l.c. (NYSE: BP) for approximately $4.1 billion. bp provides Archaea access to unmatched, world-class platforms, capabilities, and capital resources for acceleration of its growth plans.
Lawyers
Practice head
The lawyer(s) leading their teams.
Andrew Calder