Jennifer Wu, P.C.

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

• BETA Technologies, Inc. (NYSE: BETA), an electric aerospace company, in its over $1.16 billion initial public offering
• Kodiak Gas Services, Inc. (NYSE: KGS), a leading contract compression services provider, in connection with its $256 million initial public offering and over $1.1 billion in total gross proceeds from multiple subsequent secondary offerings by EQT Infrastructure funds
• TPG in Nextracker LLC’s $638.4 million initial public offering
• ArcLight Clean Transition Corp. II in its $1.75 billion combination with Opal Fuels LLC, a vertically integrated producer and distributor of renewable natural gas, resulting in Opal Fuels Inc. (Nasdaq: OPAL, OPALW)
• The Underwriters in BP Midstream Partners LP’s $765.0 million initial public offering*
• EQT GP Holdings, LP in its $714.1 million initial public offering*
• ZS Pharma, Inc. in its $123.0 million initial public offering*
• EQM Midstream Partners, LP in connection with over $4.8 billion in multiple equity and debt offerings*
• Tallgrass Energy Partners, LP in connection with over $1.6 billion in multiple equity offerings and private placements of notes*
• DZS Inc. in its $64.4 million public equity offering of common stock*

Notes Offerings and Acquisition Finance

• Kodiak Gas Services, Inc. (NYSE: KGS) in connection with $750 million offering of 7.25% senior unsecured notes
• NRG Energy, Inc. in its nearly $4.0 billion offering of senior secured notes, unsecured notes, and pre-capitalized trust securities, including the first issuance of a sustainability-linked bond by a North American company, and subsequent $1.1 billion offering of senior unsecured sustainability-linked notes*
• Arcosa, Inc. in its $400 million inaugural bond offering of senior unsecured notes*
• Crestwood Midstream Partners LP in its initial purchasers in multiple notes offerings totaling $1.3 billion*

Growth Equity Investments and M&A

• Arcosa, Inc. (NYSE: ACA) in its $1.2 billion acquisition of Stavola, an aggregates-led and vertically integrated construction materials company
• Avride in its up to $375 million strategic investment from Uber and Nebius
• Lime Rock Resources IV, LP in its $100 million sale of Central Basin Platform assets to Ring Energy, Inc. (NYSE American: REI)
• Verde Clean Fuels (Nasdaq: VGAS) in the $50 million equity investment by Cottonmouth Ventures, a subsidiary of Diamondback Energy (Nasdaq: FANG)
• Morgan Stanley Infrastructure Partners on its co-control equity investment in Flexential, a leading data center solutions provider
• TPG Rise Climate and its affiliates, in connection with:
  • a $750 million growth equity investment in Intersect Power, LLC, a provider of scalable low-carbon solutions for retail and wholesale energy markets
  • a $300 million investment in Summit Carbon Solutions, a developer of a large-scale carbon capture and storage project, which will capture and permanently store up to 20 million tons per year of CO2 from facilities across the Midwestern United States
  • a $250 million Series C preferred financing by Ohmium International, which designs, manufactures and deploys advanced proton exchange membrane electrolyzers to produce green hydrogen
  • an investment in Monolith Materials, which produces clean hydrogen and carbon black, in connection with Monolith’s equity raise of $300 million
• HGGC in its $115 million convertible preferred equity investment in Upland Software, Inc. (Nasdaq: UPLD), a software leader in cloud-based tools for digital transformation
• Lagoon Operating – Midland LLC in its sale to Deep Blue Midland Basin LLC, a joint venture between Diamondback Energy (Nasdaq: FANG) and Five Point Energy
• Actis in its acquisition of a co-control stake in Catalyze, a distributed solar and battery storage infrastructure developer
• Gates Frontier in connection with its additional investment in TerraPower, a leading nuclear innovation company, in its $750 million fundraising round co-led by Gates Frontier and SK Inc. and SK Innovation
• Navitas Midstream Partners Holdings, LLC, a producer-focused midstream company, in its $3.25 billion sale to an affiliate of Enterprise Products Partners L.P.
• Conflicts Committee of Williams Partners L.P. in $10.5 billion merger of Williams Partners L.P. into a subsidiary of The Williams Companies, Inc., $11.4 billion financial repositioning transaction with The Williams Companies, Inc. and $50.0 billion merger of Williams Partners L.P. with Access Midstream Partners, L.P.*
• MGM Growth Properties LLC in its $17.2 billion sale to VICI Properties Inc.*
• AffiniPay in its $580 million sale to TA Associates*

*Matters prior to joining Kirkland