Orrick Advises Equinor Ventures in PIPE Investment


Orrick is advising Equinor Ventures with respect to their investment in the $100 million private investment in public equity (PIPE) offering announced by Broadscale Acquisition Corp., a special purpose acquisition company, in connection with its $1.3 billion business combination with Voltus, Inc. Alongside Equinor, the PIPE investment is being led by Belfer Management, Solanas Capital and Ev Williams. In addition, Broadscale’s sponsor, Voltus management and existing Voltus investors, including Activate Capital and Ajax Strategies, also participated in the PIPE.

The Orrick team advising Equinor includes Alice Hsu and Stephanie Torres.