Kirkland & Ellis LLP

06/08/2023 | Press release | Distributed by Public on 06/09/2023 08:37

Kirkland Advises CleanCapital on Additional Commitment Up to $500 Million from Manulife Investment Management

Kirkland & Ellis advised CleanCapital, a diversified clean energy company based in the U.S. and focused on middle-market solar and storage, on an additional commitment of up to $500 million from Manulife Investment Management. CleanCapital will leverage this investment to fund early-stage solar and storage development and acquire renewable energy assets throughout the United States, as well as expand its partnerships in emerging markets. Additionally, the company surpassed a major investment milestone with the cumulative deployment of more than $1 billion to fund operating, new construction, and early-stage development solar and storage assets.

Read CleanCapital's press release

The Kirkland team was led by corporate partners Ahmed Sidik, Patrick Moneypenny and Kristin Mendoza, and included tax partners Bill Dong and Michael Masri; corporate associate Mohammad Alkadhem; and energy regulatory partner Marcia Hook.