Mayer Brown advises First State Investments on acquisition of stake in Terra-Gen

Mayer Brown represented First State Investments, a leading global investor in infrastructure, in its acquisition of 40 percent of the equity interests in Terra-Gen Power Holdings II, LLC, a renewable energy company focused on developing, owning, and operating utility-scale wind, solar, energy storage and geothermal generation assets throughout the US, from Energy Capital Partners. The transaction is subject to regulatory approvals and is expected to close in the fourth quarter of 2020 or early 2021.

The Mayer Brown team was led by Corporate & Securities partners Jason Wagenmaker and William Kucera (both Chicago); Tax Transactions & Consulting partner Jeffrey Davis (DC); and Banking & Finance partner Robert Goldberg (Houston).