Willkie Farr & Gallagher LLP
07/17/2024 | News release | Distributed by Public on 07/17/2024 15:56
Willkie Advises NGP on Investment in Cloverleaf Infrastructure
Willkie Advises NGP on Investment in Cloverleaf Infrastructure
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July 17, 2024
Willkie represented NGP in connection with its investment in Cloverleaf Infrastructure as part of an approximately $300 million fundraise for the recently formed digital infrastructure company.
On July 17, Cloverleaf announced that it secured capital commitments totaling over $300 million from NGP and Sandbrook Capital, alongside contributions from its management team.
Cloverleaf is a developer of large-scale digital infrastructure sites powered by low-carbon electricity. The company collaborates with regional U.S. utilities and data center operators to deliver scalable clean electricity through strategic investments in transmission, grid interconnection, land, onsite power generation and electricity storage.
NGP is a premier private equity firm with over $20 billion of cumulative equity commitments that backs portfolio companies focused on developing secure and sustainable energy.
The Willkie team was led by partners J. Holt Foster, III and Tony Johnston and included partner Robert Jacobson and associate Rachel Hudson.
On July 17, Cloverleaf announced that it secured capital commitments totaling over $300 million from NGP and Sandbrook Capital, alongside contributions from its management team.
Cloverleaf is a developer of large-scale digital infrastructure sites powered by low-carbon electricity. The company collaborates with regional U.S. utilities and data center operators to deliver scalable clean electricity through strategic investments in transmission, grid interconnection, land, onsite power generation and electricity storage.
NGP is a premier private equity firm with over $20 billion of cumulative equity commitments that backs portfolio companies focused on developing secure and sustainable energy.
The Willkie team was led by partners J. Holt Foster, III and Tony Johnston and included partner Robert Jacobson and associate Rachel Hudson.