Nikki Smythe

Global Infrastructure Partners (GIP), a leading independent infrastructure investor, and Actis, a leading global investor in sustainable infrastructure, today jointly announced the completion of the acquisition of Atlas Renewable Energy (Atlas) by GIP. Atlas is the second largest independent renewables developer in Latin America with 14 fully contracted solar assets that produce 2.3GW of installed capacity across Brazil, Chile, Mexico, and Uruguay. Latham & Watkins LLP represented GIP in the transaction with a deal team led by partner Tony Del Pino, with associates John Karantonis, Carlos Ardila, Daley King, Costanza Garcia, Maria Pilar Villanueva, and Francisco Lanusse. Advice was also provided on finance matters by partner David Penna and counsel Marcela Ruenes, with associate Ana Nuñez Cárdenas; on tax matters by partners Sean Finn, Alan Kimball, Jordi Domínguez, and Iván Rabanillo; on employment and benefits matters by partner Adam Kestenbaum and counsel Laura Szarmach, with associate Grace Tang; on anticorruption and sanctions matters by partner Nathan Seltzer, with associate Matthew Crawford; on real estate matters by partner Robert Frances and counsel Aaron Friberg; on environmental matters by partner Chris Norton; on hedging and derivatives matters by counsel Brett Ackerman, with associates Ashley Weeks and Tiiu Lemsalu; on Spanish law matters by partners Fernando Colomina and María José Descalzo, with associates Aitor Errasti and Leticia Sitges; and on representations and warranties insurance matters by partner Drew Levin, with associate Harrison White.~~

Oct 11

1 min

FirstEnergy Corp. (NYSE: FE) announced two strategic financings with two of the premier global infrastructure funds – Blackstone Infrastructure Partners and Brookfield Super-Core Infrastructure Partners – that will raise a combined US$3.4 billion in equity proceeds to strengthen FirstEnergy’s financial position, capitalize on incremental investment opportunities, and address all equity plans. FirstEnergy has entered into an agreement to issue US$1 billion of common equity to Blackstone Infrastructure Partners at US$39.08 per share to support FirstEnergy’s smart grid and clean energy transition initiatives. As part of its investment, FirstEnergy will appoint a Blackstone Infrastructure Partners-selected representative to its board of directors no later than the next annual meeting. Latham & Watkins LLP represents Blackstone Infrastructure Partners in the transaction with a corporate team led by Houston partner Ravi Purohit and New York partner David Allinson together with New York associate John Karantonis.~~

Nov 8

1 min

Paul, Weiss launched a new partnership with the Schools Consent Project with an in-person training at Paul, Weiss’s New York office. The Schools Consent Project is a nonprofit that aims to teach young people about consent, with a core belief that education is prevention. Created in the United Kingdom and recently expanded to New York, the project sends lawyers into public and private high schools to instruct students on topics including the legal definition of consent, bystander intervention and key sexual offenses through language that is accessible and educational. The goal is to normalize conversations about consent in order to encourage safe, healthy interactions and reduce the likelihood of young people experiencing or perpetrating harm. More than 10 volunteer attorneys from Paul, Weiss were instructed on how to present workshops to students through trainings and interactive games and exercises aimed at challenging students’ misconceptions. Following the training, Paul, Weiss attorneys will present workshops individually or in teams at high schools around New York City. The project will continue into the next school year. The initiative is supervised by corporate partner Lindsey Wiersma and includes corporate associates Lillian Barany, Jude Farah, Rita Gilles, Danielle Goldenberg, Serena Highley, Nisheet Karthikeyan, Sarah Lu, Riana Morales, Breanne Parker, Adrienne Parms and Joelle Rosen; ESG associate Amber Kennedy; and restructuring associate Julia Heasley. The partnership is coordinated by pro bono attorney Emily Donohoe.

Mar 19

1 min