Kirkland Advises Blackstone Infrastructure Partners on Approximately $3 Billion Investment in Invenergy Renewables
Kirkland & Ellis represented Blackstone Infrastructure Partners on its definitive agreement with Invenergy and Caisse de dépôt et placement du Québec (CDPQ) for an approximately $3 billion equity investment in Invenergy Renewables Holdings LLC, the largest private renewable energy company in North America. Blackstone’s investment, which is one of the largest renewables investments in North American history, will provide capital to accelerate Invenergy’s renewables development activities. CDPQ and Invenergy management remain majority owners of the company and Invenergy will continue as managing member.
Read Blackstone’s press release
The Kirkland team was led by corporate partners Rhett Van Syoc and Rob Goodin, with help from associates Daniel Cadis, David Jean-Baptiste, Patrick Corrigan, Hunter Richey, Brett Mele and Austin Johnson; debt finance partners Rohit Chaudhry and Jared Joyce-Schleimer and associate Leila Ravi; tax partners Mark Dundon, Michael Masri and Sophia Han; energy regulatory partners Brooksany Barrowes and Drew Stuyvenberg; executive compensation partner Jared Whalen; and capital markets partner Michael Rigdon.