Kirkland Advises Blackstone on $400 Million Investment in Xpansiv
Kirkland & Ellis counseled Blackstone Energy Partners on its $400 million strategic investment in Xpansiv Limited, the premier market-infrastructure platform for global carbon and environmental commodities. Xpansiv connects buyers and sellers of environmental commodities and provides market data for voluntary carbon offsets, renewable energy credits, and low-carbon fuels, each of which are critical elements of global decarbonization. Xpansiv’s growing ecosystem supports companies seeking to meet environmental and emissions reduction goals.
The Kirkland team was led by corporate partners Rhett Van Syoc, Allan Kirk and Randy Santa Ana and associates David Jean-Baptiste and Robbie Dillard; debt finance partner Yuli Wang and associates Michelle Williamson and Kendall Burns; capital markets partner Michael Rigdon; and tax partner Mark Dundon.