Kirkland Advises Antin on Sale of Vicinity Energy to Harrison Street Asset Management
Kirkland & Ellis advised Antin Infrastructure Partners on its definitive agreement to sell, through its Flagship Fund IV, a majority stake in Vicinity Energy Inc., the largest owner and operator of district energy systems in the U.S., to Harrison Street Asset Management. The transaction values 100% of Vicinity at an enterprise value of $2.92 billion. Vicinity also represents the first exit by Antin's Flagship Fund IV and the first flagship exit for Antin in the U.S.
The Kirkland team included corporate lawyers Rhett Van Syoc, Zach Savrick and Michael Bassi; debt finance lawyers Jordan Roberts and Brittany Taylor; and tax lawyer Mark Dundon.
