John Franchini, Aaron Stine, Daniel Tyrrell, Anthony Zurcher, Bobby Sommers
January 24, 2026
Milbank Advises iCON VI on Acquisition of Interest in Utility Pipeline

1 min
AI-made summary
- Milbank LLP advised iCON Infrastructure VI, L.P
- on an agreement for the transfer of equity interests in Utility Pipeline Ltd
- (UPL) from BBH Capital Partners and Allegheny Financial Group to entities owned by iCON VI
- UPL provides natural gas distribution and related services to customers in Ohio, Pennsylvania, Indiana, Virginia, and West Virginia
- The Milbank team was led by partners John Franchini and Aaron Stine, and special counsel Daniel Tyrrell.
Milbank LLP advised iCON Infrastructure VI, L.P. (âiCON VIâ) on its agreement pursuant to which the equity interests of BBH Capital Partners and Allegheny Financial Group in Utility Pipeline Ltd. (âUPLâ) will be transferred to entities owned by iCON VI. iCON VI is advised by iCON Infrastructure LLP, which advises funds that invest across a range of infrastructure sectors including essential utilities, power generation, distribution and storage, healthcare, transportation and telecommunications. UPL is a provider of natural gas distribution and related services to residential, commercial, industrial and government customers across rural and suburban areas of Ohio, Pennsylvania, Indiana, Virginia and West Virginia. The Milbank team was led by Global Corporate/M&A partner and co-head of Milbankâs Global Infrastructure practice John Franchini, Global Corporate/M&A partner Aaron Stine and special counsel Daniel Tyrrell, along with associates Anthony Zurcher and Bobby Sommers.
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John Franchini, Aaron Stine, Daniel Tyrrell, Anthony Zurcher, Bobby Sommers
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