Shearman And Sterling

News November 14, 2016

Shearman & Sterling Advises on LS Power Helix Acquisition Financing of 3,950 MW Power-Generation Portfolio

Shearman & Sterling is representing Credit Suisse, Goldman Sachs, JPMorgan, Royal Bank of Canada, Barclays, and Macquarie Capital, as lead arrangers, in connection with a financing related to the $2.2 billion acquisition of 3,950 MW of generation resources in the Northeastern United States by Helix Generation, LLC, an affiliate of LS Power Equity Advisors, LLC, from TransCanada Corporation. The portfolio consists of four generating facilities: the 2,480 MW Ravenswood facility in New York, the 778 MW Ironwood facility in Pennsylvania, the 560 MW Ocean State Power facility in Rhode Island and the 132 MW Kibby Wind facility in Maine.
The Team