Davis Polk Advises I Squared Capital on Its New Generation Platform in Georgia
Davis Polk advised I Squared Capital on the acquisition by Cube District Energy, a portfolio company of I Squared Capital, of four long-term contracted landfill gas-to-energy facilities near Atlanta, Georgia, from EIV Capital and MAS Energy. One of the facilities supplies electricity, steam and chilled water to Coca-Cola, Inc. under a 20-year power purchase agreement. The other three are in late-stage construction and will supply electricity under 20-year power purchase agreements with Georgia Power Company.
I Squared Capital is an independent global infrastructure investment manager focusing on energy, utilities and transport in North America, Europe and select high-growth economies.
The Davis Polk corporate team included partner Leonard Kreynin and associates Theodore A. Weisman, R. Danny Brimhall (on leave), Andrew D. Krause (on leave) and Zain Ur Rehman. Counsel Craig A. Phillips provided tax advice. Counsel Ron M. Aizen provided executive compensation advice. All members of the Davis Polk team are based in the New York office.
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