Eli Hunt~~Christopher May~~Katy Lukaszewski~~Mark Kunzman~~Gavin Jaco~~Matthew Einbinder~~Martha Kammoun~~W. Lanius~~Andrew Blau~~Kate Mirino~~Marcy Geller~~Caroline Phillips~~Krista McManus~~Dennis Loiacono~~Michael Isby~~Steven DeLott
January 24, 2026
Capital Power and BlackRock to Acquire New Harquahala Generation Company, LLC

1 min
AI-made summary
- A fund managed by BlackRock Global Infrastructure and Capital Power Investments LLC have announced a joint acquisition of Harquahala Generation Company, LLC, which owns a 1,092 MW natural gas-fired facility in Maricopa County, Arizona
- The transaction is expected to close in the first quarter of 2024, pending customary closing conditions
- Simpson Thacher is representing both BlackRock and Capital Power in the transaction and their 50/50 partnership, with a multidisciplinary legal team involved.
The Firm is representing a fund managed by the BlackRock Global Infrastructure business and Capital Power Investments LLC in their announced joint purchase of Harquahala Generation Company, LLC (“Harquahala”). The transaction is expected to close in the first quarter of 2024, subject to customary closing conditions. The Firm is also representing BlackRock in its 50/50 partnership with Capital Power in connection with the transaction.~~Harquahala owns the 1,092 MW Harquahala natural gas-fired generation facility in Maricopa County, Arizona.~~The Simpson Thacher team includes: Eli Hunt, Christopher May, Katy Lukaszewski, Daniel Lee, Mark Kunzman, Simon Teich and Gavin Jaco (M&A); Matthew Einbinder, Martha Kammoun, W. Andrew Lanius and Kevin Carson (Banking and Credit); Andrew Blau and Ryan Kenny (Executive Compensation and Employee Benefits); Kate Mirino and Mark Natividad (Intellectual Property); Marcy Geller, Caroline Phillips and Lina Pan (Tax); Krista McManus and Dennis Loiacono (Real Estate); Michael Isby (Environmental); and Steve DeLott (Insurance).
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Eli Hunt~~Christopher May~~Katy Lukaszewski~~Mark Kunzman~~Gavin Jaco~~Matthew Einbinder~~Martha Kammoun~~W. Lanius~~Andrew Blau~~Kate Mirino~~Marcy Geller~~Caroline Phillips~~Krista McManus~~Dennis Loiacono~~Michael Isby~~Steven DeLott
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