Kirkland & Ellis represented Blackstone Infrastructure Partners on its participation in a consortium of investors led by Invenergy and energyRe that secured a lease in the U.S. Bureau of Ocean Energy Management’s (BOEM) New York Bight offshore wind auction. The winning bid of $645 million secured lease OCS-A 0542, an almost 84,000 acre lease that is one of the largest awarded in the New York Bight offshore wind lease sale. The New York Bight offshore wind auction was the first lease auction in federal waters since 2018 and was the highest-grossing competitive offshore energy lease sale in history according to BOEM. The consortium also included Caisse de dépôt et placement du Québec, FirstLight Power, and Ullico Infrastructure Fund.
The Kirkland team was led by corporate partners Rhett Van Syoc and Rob Goodin, with help from associates David Jean-Baptiste, Austin Johnson and Brett Mele; debt finance partners Rohit Chaudhry and Rob Eberhardt; tax partners Michael Masri and Mark Dundon; and energy regulatory partners Brooksany Barrowes and Drew Stuyvenberg.