Kirkland, Latham Shine on TPG’s $2.2 Billion Bid for Altus Power

Kirkland & Ellis and Latham & Watkins are steering buyout firm TPG’s deal to purchase Altus Power for approximately $2.2 billion.

Upon completion of the all cash transaction Altus Power will become a private company.

Latham is guiding Stamford, Connecticut-based Altus Power, a provider of solar power. Its corporate deal team is led by Houston partner Ryan Maierson, who serves as a member of the firm’s executive committee, and Austin partner Rachel Ratcliffe Payne.

Kirkland is guiding TPG’s clean energy investment arm, TPG Rise Climate Transition Infrastructure. Its team was led by Houston partners Debbie Yee, Patrick Moneypenny and Dallas ...