Eli Isak

Simpson Thacher represented Integrum and Program Productions in connection with financing for a partnership by Program Productions with Rhino Staging, a company that provides specialized stage crews and workforce management for concerts, festivals and sporting events throughout the United States. Rhino Staging is a leading provider of the safest, most proficient professional stage crews for the entertainment industry nationwide. The partnership will further Program Productions’ strategy to assemble best-in-class labor providers who put their employees and customers first.~~Simpson Thacher previously represented Integrum in connection with its partnership with Program Productions. Integrum’s investment will further help Program Productions build on its foundation as a national crewing platform. Program Productions is a leading provider of labor administration, payroll services, and workforce management software and services to sports media companies.~~The Simpson Thacher team for the transaction included: Eli Isak, Abdulyekinni Fasinro and Leandra Kede Yomo (Credit); Marni Lerner, Michael Chao and Quinn Cronan (M&A); Andrew Kofsky and Allison Sutherland (Executive Compensation and Employee Benefits); Marcy Geller, Michael Mann, Ed Grais and Zev Klein (Tax); Courtney Welshimer and Paige Brinton (Intellectual Property); and Dennis Loiacono (Real Estate).

Oct 6

1 min

Simpson Thacher recently represented Michigan Electric Transmission Company, LLC (“METC”), a wholly owned subsidiary of ITC Holdings Corp. (“ITC”), in connection with METC’s offering of $125,000,000 million aggregate principal amount of its 5.08% Series A Senior Secured Notes due 2036 and $125,000,000 million aggregate principal amount of its 5.71% Series B Senior Secured Notes due 2046 in a private placement. The offering closed on January 14, 2026. ITC is the largest independent electricity transmission company in the United States. ITC provides transmission grid solutions to improve reliability, expand access to markets, allow new generating resources to interconnect to its systems and lower the overall cost of delivered energy. Through its regulated operating subsidiaries ITCTransmission, Michigan Electric Transmission Company, ITC Midwest and ITC Great Plains, ITC owns and operates high-voltage transmission infrastructure in Michigan, Iowa, Minnesota, Illinois, Missouri, Kansas, Oklahoma and Wisconsin. These systems serve a combined peak load exceeding 23,000 megawatt hours along 16,000 circuit miles of transmission line. ITC is a subsidiary of Fortis Inc., a leader in the North American regulated electric and gas utility industry. The Simpson Thacher team for the transaction included Mark Brod, Julie de Keukeleire, Deane Ciampa and Sandy Cho (Capital Markets); George Gerstein (Executive Compensation and Employee Benefits); Jon Cantor and Jemma Li (Tax); Krista McManus (Real Estate); Eli Isak (Credit); and Courtney Welshimer, Paige Brinton and Christian Bond (Intellectual Property).

Jan 21

1 min

Simpson Thacher represented EQT Partners and Voltera Power (“Voltera”) in connection with their Green Loan credit facility. The Green Loan was structured in compliance with the LSTA Green Loan Principles, which aim to facilitate and support environmentally sustainable economic activity by financing eligible projects.~~Voltera provides infrastructure necessary to support the full electrification of transportation, siting, building, and owning strategically located, fit-for-purpose charging facilities. Voltera was purpose-built by EQT, one of the largest and most active infrastructure investors globally, and EdgeConneX, the critical infrastructure partner of choice for the world’s largest tech companies, to help overcome the challenges to vehicle electrification at scale.~~The Simpson Thacher team included Eli Isak, Charles Carroll, Callie Robins, Elizabeth Greene, Jim Wheeler and Emma Li (Credit); Emily Holland (ESG); Jonathan Goldstein, Adam Hersch and Michael Leitner (Tax); Courtney Welshimer (IP); Claire Cahoon (Sanctions); Jonathan Pall (Collateral); and David Zylberberg (Bankruptcy).

Aug 8

1 min

The Firm represented GridTek Utility Services and First Reserve in the completed sale of GridTek by First Reserve. The financial terms of the transaction were not disclosed.~~GridTek Utility Services is a leading provider of electrical transmission and distribution maintenance services engaged in the maintenance of electrical infrastructure for the utility industry and industrial customers.~~First Reserve is a leading global private equity firm investing across diversified energy, utility, and industrial end-markets. Founded in 1983, First Reserve has more than 40 years of industry insight and has cultivated a differentiated network of global relationships. The firm has raised over $34 billion of aggregate capital and has developed operational expertise built from over 750 transactions, including platform investments and add-on acquisitions.~~The Simpson Thacher team includes Michael T. Holick, Felicity Bell, Jacob Kornman and Luca Tomasi (M&A); Larry Moss, Alisa Tschorke and Yifan Cao (Employee Benefits and Executive Compensation); Andrew Purcell and Edward Grais (Tax); Eli Isak and Anita Wu (Banking and Credit); Lori Lesser, Kate Mirino and Celeste Fleetwood (Intellectual Property); and Dennis Loiacono (Real Estate).

Nov 6

1 min

Simpson Thacher represented GFL Environmental Inc. (“GFL”) in connection with the Rule 144A/Regulation S offering of $500 million aggregate principal amount of 6.625% Senior Notes due 2032. GFL used the net proceeds from the offering of the Notes, together with cash on hand, to redeem all of the outstanding 4.250% 2025 Secured Notes and to pay related fees, premiums and accrued and unpaid interest on such notes.~~The Notes were issued by Wrangler Holdco Corp., a U.S. wholly owned subsidiary of GFL, and are guaranteed by GFL and its subsidiaries that guarantee existing unsecured debt.~~GFL, headquartered in Vaughan, Ontario, is the fourth-largest diversified environmental services company in North America, providing a comprehensive line of solid waste management, liquid waste management and soil remediation services through its platform of facilities throughout Canada and in more than half of the U.S. states. Across its organization, GFL has a workforce of more than 20,000 employees.~~The Simpson Thacher team included Ryan Bekkerus, Ben Carson, J. Carr Gamble and Jerry Du (Capital Markets); Eli Isak, Abdul Fasinro and Roey Vardi (Credit); Michael Mann (Tax); Corina Holland, Courtney Welshimer and Paige Brinton (Intellectual Property); Dennis Loiacono and Timothy Gallagher (Real Estate); Pasco Struhs (Executive Compensation & Employee Benefits); and Steven DeLott (Insurance).

Jun 28

1 min