Kirkland Advises ArcLight on $1 Billion Investment by CPP Investments in AlphaGen
Kirkland & Ellis advised ArcLight Capital Partners on a definitive agreement whereby Canada Pension Plan Investment Board will invest $1 billion for a strategic minority position in AlphaGen. AlphaGen is one of the largest independent power portfolios in the U.S., with over 11 GWs of critical power assets located in strategic markets across the country. The investment is subject to regulatory approvals and is expected to close in the first half of 2026.
The Kirkland team included corporate lawyers Kristin Mendoza, Ahmed Sidik and Conor Gordon; and tax lawyer Bill Dong.
