Orrick Advises Veolia on $1.25 Billion Sale of its U.S. District Energy Assets to Antin


Orrick has advised France-based Veolia on the $1.25 billion sale of its U.S. district energy assets to private equity firm Antin Infrastructure Partners. The portfolio consists of steam, hot and chilled water and electricity production plants, including cogeneration, and 13 networks in 10 U.S. cities. The transaction is subject to regulatory approval and is expected to close in the fourth quarter of 2019.
The Orrick deal team was led by King Milling and Joe Roger and included Adam Kowis, Joe Lawlor, Jessica Sewell and Ayla Vilander. Additional assistance provided by John Narducci, Jamie Larkin, Jason Flaherty, Bob Lawrence, Sue Cowell, Adam Wenner, Cory Lankford, Amy Ray, Diana Gillis, Harry Clark, Greg Hume, Milana Karayanidi, Darrell Thomas, Brad Breen, David Lin, Jonathan Lopez and Quinn Moss.