Sidley is representing Invenergy Renewables in a consortium with Caisse de dépôt et placement du Québec (CDPQ) and funds managed by Blackstone Infrastructure to acquire a 1365-megawatt unregulated, contracted renewables portfolio from American Electric Power (Nasdaq: AEP) for US$1.5 billion. The transaction is expected to close in the second quarter of 2023.
The Sidley team was led by partner Tara Higgins (Energy, Transportation, and Infrastructure), with assistance from partners Patrick Harrison (Antitrust/Competition), James Mendenhall (Global Arbitration, Trade, and Advocacy), Chaim Theil (Private Equity), counsel Chris Folmsbee (Energy, Transportation, and Infrastructure), and associates Emily Chazen (M&A) and Curtis Hart (Energy, Transportation, and Infrastructure).
