The Paul, Weiss Antitrust Practice advises clients on a full range of global antitrust matters, including antitrust regulatory clearance, government investigations, private litigation, and counseling and compliance. The firm represents clients before antitrust and competition authorities in the United States, the European Union, the United Kingdom and other jurisdictions around the world.
TPG to Acquire Altus Power in Take-Private Deal Valued at $2.2 Billion
- Client News
- February 6, 2025
Practices
Paul, Weiss advised TPG on the antitrust aspects of its take-private acquisition of Altus Power, Inc., one of the largest owners of commercial-scale solar power generation in the U.S., valued at approximately $2.2 billion, including outstanding debt. The acquisition will be made through the Transition Infrastructure strategy of TPG’s dedicated climate investing platform, TPG Rise Climate. The deal is expected to be completed in the second quarter of 2025, subject to stockholder approval and other customary closing conditions.
The Paul, Weiss team is led by antitrust partners Annie Herdman and Marta Kelly, and includes antitrust partner Katharine Haigh, and corporate counsel Nathan Mitchell.