Kirkland Honored With “Power to X Deal of the Year” by IJ Global

IJ Global named Kirkland the winner of its “Power to X Deal of the Year” category at its 2024 Americas Awards, which honor the best-in-class transactions and organizations across the international infrastructure and energy sectors.

Kirkland was recognized for representing BlackRock Inc. (NYSE: BLK) on its $550 million investment on behalf of clients in the development of STRATOS, the world’s largest direct air capture facility, in Ector County, Texas. Through a fund managed by its Diversified Infrastructure business, BlackRock signed a definitive agreement to form a joint venture with Occidental (NYSE: OXY), through its subsidiary 1PointFive, that will own STRATOS.