Gibson, Dunn & Crutcher has guided Algonquin Power & Utilities Corp. in connection with the sale of its renewable energy business unit to a wholly-owned subsidiary of LS Power for a total consideration of approximately $2.5 billion. The transaction, announced Aug. 9, is expected to close in the fourth quarter of 2024. The Gibson Dunn corporate team was led by partners Daniel Alterbaum and John Gaffney. Counsel information for LS Power Development was not immediately available.
Renewable Energy
August 12, 2024, 12:34 PM