Ieuan Adrian List

Data Center Financings

• Blue Owl Capital on a $27 billion joint venture with Meta Platforms, Inc. (Nasdaq: META) and private offering of senior secured amortizing investment-grade notes to jointly fund the construction of Meta Platforms’ Hyperion data center campus located in Richland Parish, Louisiana.
• Related Digital in its private offering of $14 billion of senior secured amortizing investment-grade notes to fund the development of its $16 billion data center campus in Saline Township, Michigan, purpose-built for Oracle.
• BlackRock, Inc. (NYSE: BLK), Global Infrastructure Partners and HPS Investment Partners in connection with their offering of $12.6 billion of senior secured amortizing investment-grade notes to fund a hyperscale datacenter campus in El Paso, Texas in connection with their joint venture with Meta Platforms, Inc. (Nasdaq: META).

Notes Offerings and Acquisition Financings

• ONEOK, Inc. (NYSE: OKE) in its offering of $7 billion of senior notes in connection with the financing of the company’s acquisitions of Global Infrastructure Partners’ equity interests in each of Medallion Midstream and EnLink Midstream, LLC (NYSE: ENLC).
• Bristol Myers Squibb (NYSE: BMY) in its $6 billion public offering of senior unsecured notes and concurrent tender offer for several series of its outstanding notes.
• Apollo (NSYE: APO) in connection with an agreement by Apollo-managed affiliates, funds and strategic accounts to invest up to £4.5 billion in fixed-rate callable notes issued by Électricité de France (EDF), one of Europe’s largest electricity producers.
• Helmerich & Payne, Inc. (NYSE: HP) in its offering of $1.25 billion of senior notes in connection with the financing of the company’s acquisition of KCA Deutag.
• Talos Production Inc., a wholly owned subsidiary of Talos Energy Inc. (NYSE: TALO), in its upsized offering of $1.25 billion of second-priority senior secured notes in connection with the financing of the company’s acquisition of QuarterNorth Energy Inc.
• Talos Production Inc., a wholly owned subsidiary of Talos Energy Inc. (NYSE: TALO), in multiple offerings of second-priority senior secured notes with aggregate proceeds of $1.45 billion.
• Northern Oil and Gas, Inc. (NYSE: NOG), a publicly-traded oil and gas producer, in multiple offerings of senior notes and convertible notes with aggregate proceeds of $2.7 billion.
• Ascent Resources, a private equity-backed oil and gas producer, in multiple offerings of senior notes with aggregate proceeds of $1.8 billion.
• Delek Logistics Partners, LP (NYSE: DKL) and its subsidiary Delek Logistics Finance Corp. in multiple offerings of senior notes with aggregate gross proceeds of $2 billion.
• Civitas Resources, Inc. in multiple offerings of senior notes with aggregate proceeds of $1.6 billion.
• NorthRiver Midstream, a private midstream energy company backed by Brookfield, in connection with its offering of $525 million of senior secured notes and tack-on offering of an additional $125 million of senior secured notes.
• Genesee & Wyoming Inc., a rail and transportation services company backed by Brookfield, in connection with its offering of $700 million of senior secured notes.
• Array Technologies, Inc. (Nasdaq: ARRY) in its $300 million underwritten public offering of convertible senior notes and concurrent privately negotiated capped call transactions.
• The initial purchasers or underwriters in the following transactions for an NYSE-listed multinational energy transportation company:*
  • $1.5 billion aggregate offering of three series of senior notes by its interstate pipeline joint venture;
  • $1 billion underwritten public offering of fixed-to-fixed rate subordinated notes; and
  • $750 million underwritten public offering of floating rate senior notes.
• Transocean Ltd. in four separate offerings of senior secured notes by certain of its wholly owned subsidiaries, in an aggregate amount of $2.375 billion.*
• Valero Energy Corporation in its $1.5 billion underwritten public offering of two series of senior notes.*
• Affiliates of McDermott International, Inc. in its $1.3 billion offering of senior notes in connection with the financing of the company's acquisition of Chicago Bridge & Iron Company N.V.*
• Halliburton Company (NYSE: HAL) in $1 billion underwritten public offering of senior notes.*
• Noble Finance II LLC, a wholly owned subsidiary of Noble Corporation plc (NYSE: NE), in its 144A/Reg S offering of $600 million of senior unsecured notes.
• Earthstone Energy, Inc. (NYSE: ESTE) in its $500 million offering of 9.875% senior unsecured notes.
• Helix Energy Solutions Group, Inc. (NYSE: HLX) in two underwritten public offerings of convertible senior notes for aggregate proceeds of $325 million and concurrent privately negotiated capped call transactions.*
• Sunnova Energy Corporation in its $263 million of asset-backed securities collateralized by a pool of distributed generation solar assets.*

Initial Public Offerings, Follow-On Offerings, Reverse Acquisitions and De-SPACs

• Hornbeck Offshore Services, Inc. in its reverse acquisition of Helix Energy Solutions Group, Inc. (NYSE: HLX) and resulting listing on the NYSE under the ticker symbol “HOS.”
• Kodiak Gas Services, Inc. (NYSE: KGS), a leading contract compression services provider, in connection with approximately $1 billion in total gross proceeds from multiple secondary offerings by EQT Infrastructure funds.
• Kodiak Gas Services, Inc. (NYSE: KGS) in its underwritten offering of approximately 12.1 million shares of common stock for total gross proceeds of $862.5 million.
• Northern Oil and Gas, Inc. (NYSE: NOG), a publicly-traded oil and gas producer, in multiple offerings of common stock with aggregate proceeds of over $1 billion.
• The underwriters in the $503 million upsized initial public offering of Class A common stock of Cactus, Inc. (NYSE: WHD).*
• Cactus, Inc. in connection with approximately $780 million in gross proceeds from multiple primary and secondary underwritten offerings of Class A common stock (NYSE: WHD).*
• The selling stockholders in connection with approximately $740 million in total gross proceeds from multiple underwritten secondary offerings of common stock by EQT Corporation (NYSE: EQT).
• Civitas Resources, Inc. in connection with its approximately $500 million underwritten secondary offering of common stock.
• Talos Energy Inc. (NYSE: TALO) in connection with approximately $225 million in total gross proceeds from multiple primary and secondary offerings of common stock.
• Corner Growth Acquisition Corp., a special purpose acquisition company sponsored by an affiliate of Corner Ventures and focusing on target businesses in the technology industry, in its upsized $400 million initial public offering.
• Corner Growth Acquisition Corp. 2, a special purpose acquisition company, in its $185 million initial public offering.
• Shelter Acquisition Corporation I, a special purpose acquisition company, in its $200 million initial public offering.
• Star Peak Corp II, a special purpose acquisition company, in its $1.35 billion business combination with Benson Hill, Inc., a sustainable food technology company.
• Pathfinder Acquisition Corp., a special purpose acquisition company, in its $504 million business combination with Movella Holdings, a provider of software and other technology related to the digitization of movement.
• FinServ Acquisition Corp., a special purpose acquisition company, in its $1 billion business combination with Katapult Holding, Inc.
• Parker Drilling Company in its $75 million concurrent public offerings of common stock and mandatory convertible preferred stock.*
• The underwriters in a $117 million secondary offering of Class A common stock of Liberty Oilfield Services Inc.*
• The initial purchasers and placement agents in a $115 million offering and 4(a)(2) private placement of convertible Class A-1 common stock of GlobeLTR Energy Inc. in connection with the merger of Globe Energy Services, LLC and Light Tower Rentals, Inc.*
• The underwriters in a $114 million underwritten public offering of common units of Westlake Chemical Partners LP.*

M&A

• Consortium of Global Infrastructure Partners (GIP) and EQT in its $33.4 billion acquisition of AES, the largest supplier of clean energy to corporations globally, and GIP in its consortium arrangement to acquire AES.
• Global Infrastructure Partners (GIP) in its $12.5 billion acquisition by BlackRock, Inc. (NYSE: BLK), creating a leading infrastructure private markets investment platform with over $150 billion in AUM.
• Consortium of Global Infrastructure Partners (GIP) and Canada Pension Plan Investment Board (CPPIB) in the $6.2 billion acquisition of ALLETE, Inc. (NYSE: ALE).
• AT&T Inc. (NYSE: T) in its $1.1 billion cross-border carve out sale of its data center colocation operations and assets to Brookfield Asset Management Inc.*
• Civitas Resources, Inc. (NYSE: CIVI) in its $12.8 billion all-stock combination with SM Energy Company (NYSE: SM).
• NexTier Oilfield Solutions, Inc. (NYSE: NEX) in its $5.4 billion merger of equals with Patterson-UTI Energy, Inc. (Nasdaq: PTEN).
• Permian Resources Corporation (NYSE: PR) in its $4.5 billion all-stock acquisition of Earthstone Energy, Inc. (NYSE: ESTE).
• ONEOK, Inc. (NYSE: OKE) in its $3.3 billion acquisition of Global Infrastructure Partners’ entire interest in EnLink Midstream, LLC (NYSE: ENLC) and subsequent acquisition of the outstanding publicly held interests.
• ONEOK, Inc. (NYSE: OKE) in its $2.6 billion acquisition of Global Infrastructure Partners’ equity interests in Medallion Midstream.
• Alta Resources in the $2.925 billion sale of its upstream and midstream subsidiaries to EQT Corporation (NYSE: EQT) for cash and stock consideration.
• Arcosa, Inc. (NYSE: ACA) in its $1.2 billion acquisition of Stavola, an aggregates-led and vertically integrated construction materials company.
• Warburg Pincus and Chisholm Energy Holdings LLC in Chisholm’s $604 million divestiture of its Northern Delaware Basin assets to Earthstone Energy, Inc. (NYSE: ESTE).
• Ranger Oil Corporation (Nasdaq: ROCC) in its $2.5 billion acquisition by Baytex Energy Corp. (TSX, NYSE: BTE).
• Civitas Resources, Inc. (NYSE: CIVI) in its approximate $2.1 billion agreement with Vencer Energy, a Vitol investment, to acquire oil producing assets in the Midland Basin of West Texas.
• Penn Virginia Corporation (Nasdaq: PVAC) in Juniper Capital Advisors, L.P.’s $188 million strategic investment in the company, including $150 million of cash and certain oil and gas assets, in exchange for 59 percent of Penn Virginia’s equity.
• Tall City Property Holdings III, a portfolio company of Warburg Pincus LLC, in the sale of its Delaware Basin assets to Vital Energy (NYSE: VTLE) for $285 million in cash and 1.58 million common shares.
• Innophos Holdings, Inc. in its acquisition by an affiliate of One Rock Capital Partners for approximately $1 billion.*
• Rockwater Energy Solutions, Inc. in its $1.3 billion stock-for-stock merger with Select Energy Services, Inc.*
• Valero Energy Corporation in its $950 million cash merger with its publicly traded MLP, Valero Energy Partners LP.*

*Matters prior to joining Kirkland.