Kirkland Advises Brookfield Infrastructure on its $30 Billion Joint Venture with Intel

Kirkland & Ellis counseled Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN) on its definitive agreement with Intel Corp. to jointly fund Intel’s under-construction semiconductor fabrication facility in Chandler, Arizona with Brookfield investing up to $15 billion for a 49 percent stake in Intel’s manufacturing expansion. The arrangement supports Intel’s continued build-out of U.S. semiconductor manufacturing capabilities. It also highlights the important role Brookfield Infrastructure expects to play in assisting leading companies like Intel onshore part of the digital backbone of the global economy with the support of our flexible and large-scale capital. 

Read Intel’s announcement here and Brookfield Infrastructure’s announcement here

The Kirkland team was led by corporate partners Andrew Calder, Doug Bacon, Brittany Sakowitz, Kim Hicks, Allan Kirk and Patrick Salvo; and debt finance partners Roald Nashi, Gregory Howling, Robert Warfield and Sebastian Chan; international trade and national security partners Mario Mancuso, Ivan Schlager and Luci Hague; and tax partners Sara Zablotney, David Wheat and Bill Dong; and included assistance from corporate associates Patrick Moneypenny and David Jean-Baptiste; and debt finance associates Sharaf Islam, Jacqueline Trudeau, Charles Martin and Will Haslun.