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Kirkland & Ellis LLP

10/03/2024 | Press release | Distributed by Public on 10/03/2024 16:22

Kirkland Represents Talen Energy on Acquisition of TeraWulf’s Minority Share in Nuclear-Powered Nautilus Cryptomine

Kirkland & Ellis advised Talen Energy Corp., an independent power producer, on its acquisition of TeraWulf Inc.'s equity interest in Nautilus Cryptomine, a 200-MW nuclear-powered bitcoin mining facility in Berwick, Pennsylvania. As a result of the transaction, Talen now owns 100% of Nautilus.

Read Talen Energy's press release

The Kirkland team included corporate lawyers Josh Teahen, Bill Benitez and Jacob Volz; technology & IP transactions lawyers Jeff Norman and Scottie Shermetaro; and tax lawyer Mark Dundon.