Kirkland Advises Apollo on £4.5 Billion Financing for Électricité de France
Kirkland & Ellis advised Apollo in connection with an agreement by Apollo-managed affiliates, funds and strategic accounts to invest up to £4.5 billion in fixed-rate callable notes issued by Électricité de France (EDF) pursuant to its €50 billion Euro Medium Term Note program. Proceeds from this bespoke, large-scale financing will be used primarily to finance EDF projects in the United Kingdom, most notably the Hinkley Point C nuclear power station, and support EDF in advancing European energy sovereignty and power infrastructure.
The Kirkland team included debt finance lawyers Mary Kogut and Kalish Mullen; capital markets lawyers Julian Seiguer, Ieuan List and Hunter Richey; corporate lawyer Adam Larson; and tax lawyers Mark Dundon, Nadine Gelli and Rachel Malhiet.
