Kirkland Advises Apex Clean Energy on Portfolio Selldown to EGCO Group

Kirkland & Ellis advised Apex Clean Energy on an agreement with Electricity Generating Public Company Limited (EGCO Group) for the partial sale of a portfolio of energy assets in the U.S. Under the agreement, EGCO Group will acquire a 49% ownership interest in the “Pinnacle II” portfolio, consisting of two projects with a combined capacity of 251 MW; Apex will retain the remaining stake and manage the facilities’ operations. With this deal, Apex continues to strengthen its position as a leading U.S. independent power producer with over 2.2 GW of assets operating and under construction in its growing portfolio. The transaction’s closing is expected in Q2 of this year and is subject to several conditions.

Read Apex Clean Energy’s press release

The Kirkland team included corporate lawyers Rob Goodin, Alec Manzer, Tyler Ambrose and Cason Liles; tax lawyers Michael Masri and Bill Dong; debt finance lawyers Rohit Chaudhry, William Nicholson, Olivia George and Vinicius Beraldo; and energy regulatory lawyers Drew Stuyvenberg and Cassidy Hall.