Archie Fallon~~S. Kris Agarwal~~Ryan Giggs~~Emerson W. Girardeau III
January 24, 2026
Willkie Advises Caliche on Acquisition by Sixth Street

1 min
AI-made summary
- Willkie advised Caliche Development Partners, a Houston-based energy storage company, in its acquisition by global investment firm Sixth Street, announced on August 20
- The transaction includes Caliche's Golden Triangle Storage facilities and carbon sequestration project in Beaumont, Texas, and Central Valley Gas Storage in Princeton, California
- Caliche's leadership will continue managing operations and remain investors
- The investment, which aims to support expansion, is subject to regulatory approvals
- Willkie's deal team was led by partner Archie Fallon.
Willkie recently represented energy storage business Caliche Development Partners in its acquisition by Sixth Street, a leading global investment firm, announced on August 20.
Caliche is a Houston-based energy company focused on the underground storage of natural gas, industrial gases like hydrogen and helium, and carbon sequestration.
Sixth Street's investment includes the company's Golden Triangle Storage (GTS) facilities and carbon sequestration development project in Beaumont, TX, and its Central Valley Gas Storage facilities in Princeton, CA. The investment provides Caliche with additional resources to pursue new opportunities and to expand the GTS complex.
Following the close of the transaction, Caliche's leadership will continue to oversee day-to-day operations and will remain investors in the company. Sixth Street's investment is subject to certain regulatory approvals.
The Willkie deal team was led by partner Archie Fallon and included partners Kris Agarwal, Ryan Giggs, counsel Emerson Girardeau, and associate Zoe Sellman.
Article Author
Archie Fallon~~S. Kris Agarwal~~Ryan Giggs~~Emerson W. Girardeau III
The Sponsor
