Kirkland Represents Northampton Capital Partners on Partnership with Altius Minerals Corporation

Kirkland & Ellis advised Northampton Capital Partners on its equity purchase agreement with Altius Minerals Corporation and certain funds managed by affiliates of Apollo. Under the agreement, the Apollo Funds will sell their membership interests in Great Bay Renewables Holdings, LLC and Great Bay Renewables Holdings II, LLC (GBR) to Northampton for total consideration of approximately US$390 million. Northampton will simultaneously sell its interest in Altius Renewable Royalties Corp., through which it currently holds its indirect interest in GBR, to Altius. Following the closing of the transaction, GBR will continue as a joint venture of Altius and Northampton. The transaction is subject to customary terms and conditions and is expected to close in late July.

Read the transaction press release

The Kirkland team included corporate lawyers Martha Todd, John Kaercher, Lauren Stelck, John Brao, Logan Bell and Madison Wiedeman; investment funds lawyers Matt Nadworny, Jennifer Wang and John Folkerth; and tax lawyers David Wheat and Griffin Peeples.