Morgan Stanley Infrastructure Partners (MSIP) on the formation, together with U.S. supply chain leader Crowley, of a new joint venture, Crowley Wind Services, to repurpose and operate existing U.S. port facilities, leasing them to offshore wind developers for manufacturing, assembly and storage of wind farm components as well as providing developers with maritime services such as Jones Act-compliant feedering vessels to transport components from ports to offshore wind installations.
Blackstone Infrastructure Partners on its entry into IRG Acquisition Holdings (IRGAH), a consortium with Invenergy and Caisse de dépôt et placement du Québec (CDPQ) and related transactions including IRGAH’s acquisition of a 1,365-megawatt unregulated contracted renewables portfolio from American Electric Power for an enterprise value of $1.5 billion.
Civitas Resources (NYSE: CIVI) on the energy regulatory aspects of two definitive agreements to acquire oil producing assets in the Midland and Delaware Basins of west Texas and New Mexico with affiliates of Hibernia Energy III, LLC and Tap Rock Resources, LLC for total consideration of approximately $4.7 billion, subject to customary purchase price adjustments.
TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform TPG Rise, and The Rise Fund, on their investment in Monolith Materials, which produces clean hydrogen and carbon black using a commercial-scale methane pyrolysis process, in connection with a $300 million equity raise by Monolith Materials.
Andreessen Horowitz in connection with the establishment of its third Cultural Leadership Fund (CLF III).
