Kirkland Advises Ares on Acquisition of Majority Stake in Apex and Co-investment

Kirkland & Ellis LLP advised funds and other accounts managed by Ares Management Corp.’s (NYSE: ARES) (Ares) Infrastructure and Power strategy on the acquisition of a majority stake in Apex Clean Energy (Apex) and certain associated co-investment arrangements. The transaction will provide Apex with additional equity growth capital as it seeks to transition to a pureplay renewable energy independent power producer (IPP).

Read Apex’s and Ares’s press release

The Kirkland team was led by corporate partners Rob Goodin and Adam Larson and associates Camille Walker, Mark Kunzman and Maggie Hoffman; debt finance partner Rohit Chaudhry; tax partners Mike Masri and Bill Dong; and executive compensation partner Stephen Jacobson.