Kirkland & Ellis LLP

06/08/2024 | Press release | Distributed by Public on 06/08/2024 23:57

Kirkland Advises Quinbrook on $3 Billion Net Zero Power Strategy

Kirkland & Ellis advised Quinbrook Infrastructure Partners, a specialist global investment manager focused exclusively on the infrastructure needed for the energy transition, on the final closing of the Net Zero Power Fund (NZPF). Quinbrook secured a total of $3 billion of new capital commitments in aggregate across the fund and co-investment vehicles for the NZPF strategy. NZPF is Quinbrook's fifth successive energy transition focused fund raised to date and attracted new institutional investors from the United States, Canada, Australia, UK, Sweden, Norway, Finland and the EU, comprised of a mix of pension, sovereign and insurance institutions along with a number of fund of funds, endowments and family offices. Quinbrook has already invested and committed more than half of total committed capital to date and expects to be fully committed within the next 12 months.

Read the transaction press release

The Kirkland team was led by investment funds partners Matthew Nadworny and Laura Stake and associates Katherine Chernova and Jordan Redler and tax partner Steve Butler.