Adam Larson, Cyril Jones, Fern Langa, Mark Dundon
January 24, 2026
Kirkland Advises Apollo on Sale of Broad Reach Power to ENGIE

1 min
AI-made summary
- Kirkland & Ellis advised Apollo in the sale of Broad Reach Power, a Houston-based battery storage company, to ENGIE
- The transaction involved Apollo, EnCap, Yorktown Partners, and Mercuria Energy as co-investment partners
- The sale includes 350 MW of operational grid-scale battery assets, 880 MW under construction in the ERCOT territory with commissioning expected by the end of 2024, and a 1.7 GW pipeline of advanced battery storage projects, along with additional early-stage projects.
Kirkland & Ellis advised Apollo (NYSE: APO) in connection with the sale of Broad Reach Power, a Houston-based company specialized in battery storage, to French multinational utility company ENGIE, by co-investment partners Apollo, EnCap, Yorktown Partners and Mercuria Energy. The sale to ENGIE includes 350 MW of grid-scale battery assets in operation and 880 MW under construction mainly in the Electric Reliability Council of Texas (ERCOT) territory, with commissioning expected before the end of 2024. The acquisition also includes a 1.7 GW pipeline of battery storage projects at an advanced stage of development and a significant pipeline of early-stage projects. In November 2021, Kirkland advised Apollo on its agreement to acquire a 50 percent stake in Broad Reach Power. Read EnCap's press release The Kirkland team was led by corporate partners Adam Larson and Cyril Jones and associate Fern Langa and tax partner Mark Dundon.
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Adam Larson, Cyril Jones, Fern Langa, Mark Dundon
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