March 22, 2018
ArcLight Capital Partners, LLC and Leeward Renewable Energy have signed a definitive agreement to sell Leeward Renewable Energy, LLC to OMERS Infrastructure Management, Inc., the infrastructure management arm of OMERS, the defined benefit pension plan for municipal employees in the Province of Ontario, Canada. Leeward is a leading wind power asset owner, operator and developer of wind projects in the United States across 19 operating projects with a total installed capacity of 1.7 GW. The Transaction is expected to close in the third quarter of 2018 and remains subject to customary approvals.
Latham & Watkins LLP represents ArcLight Capital Partners, LLC and Leeward Renewable Energy, LLC in the transaction with a corporate deal team led by New York partner David Allinson with New York associates David Owen and Ryan Klafehn. Advice was also provided on finance matters by New York partner Warren Lilien and San Diego counsel Sosi Biricik with New York associates Chirag Dedania and Kathleen Chun; on tax matters by New York partner Eli Katz and Chicago partner Enrique Rene de Vera; on environmental matters by New York partner Jean-Philippe Brisson with New York associate David Amerikaner; on employee benefits matters by Washington, D.C. partner Adam Kestenbaum; on regulatory matters by Washington, D.C. counsel Jarrett Taubman; on intellectual property matters by New York partner Steven Betensky; on real estate matters by New York counsel Betsy Mukamal; and on antitrust matters by Washington, D.C. counsel Sydney Smith.