EIG’s Acquisition of West Burton B CCGT Gas Power Station

In UK White & Case, advised on the matter.

White & Case advised EIG Global Energy Partners with a team including Lindsey Canning (IP&IT), James Johnson (Real Estate), Richard Jones (Energy & Infrastructures), Helen Joseph (Human Capital), Caroline Miller Smith (Energy & Infrastructures), Carina Radford (Picture – Project), Will Smith (Tax M&A and Deal Advisory).

EIG signed the agreement to acquire the 1332 MW Combined Cycle Gas Turbine (CCGT) power station and 49 MW battery at West Burton B in Nottinghamshire, England from EDF Energy.

Headquartered in Washington, DC and with offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong and Seoul, EIG is a leading institutional investor to the global energy sector with US$22 billion under management as of December 31, 2020. It specializes in private investments in energy and energy-related infrastructure on a global basis and its clients include many of the leading pension plans, insurance companies, endowments, foundations and sovereign wealth funds in the US, Asia-Pacific and Europe.

West Burton B CCGT is EDF’s only gas-fired power station in the UK and has three combined cycle units with a combined output of 1332 MW, generating enough electricity for approximately 1.5 million UK homes. The West Burton battery is one of Europe’s largest battery storage assets with installed capacity of 49MW.

The White & Case team in London which advised on the transaction was led by partner Richard Jones (Picture) and included partners Carina Radford, Caroline Miller-Smith, Lindsey Canning, James Johnson, Helen Joseph and Will Smith, counsel Tallat Hussain and associates Irina Kozlova, Lowrie Robertson, Katy Norman, Amy Detheridge, Wiesia Wagstyl, Verity Houlker, Jane McQuillan, Francesca MacSwiney and Alexander Miles-Dinham.

Involved fees earner: Lindsey Canning – White & Case; Amy Detheridge – White & Case; Verity Houlker – White & Case; Tallat Hussain – White & Case; James Johnson – White & Case; Richard Jones – White & Case; Helen Joseph – White & Case; Irina Kozlova – White & Case; Jane McQuillan – White & Case; Alexander Miles-Dinham – White & Case; Caroline Miller Smith – White & Case; Katy Norman – White & Case; Carina Radford – White & Case; Lowrie Robertson – White & Case; Will Smith – White & Case; Wiesia Wagstyl – White & Case;

Law Firms: White & Case;

Clients: EIG Global Energy Partners;

Author: Giulia Di Palma