August 01, 2024
Weil is advising Goldman Sachs Alternatives in its $440 million strategic investment in BrightNight, a leading renewable power company designed to provide utility and commercial and industrial customers with clean, dispatchable renewable power solutions. The transaction is expected to close in September 2024.
This investment, together with existing capital commitments, is expected to fully fund BrightNight’s five-year business plan and advance execution of its 31-gigawatt renewable power project portfolio enhanced by its proprietary AI software platform, PowerAlpha®.
The Weil team is led by Private Equity partners Omar Samji, Irina Tsveklova and Jacqui Bogucki and included U.S. Private Equity Co-Head Christopher Machera and Private Equity associates Sarah George, Spencer Finney, Greg Kerr, Humzah Yazdani, Graham McHenry, Matthew Kim, Carson Parks and Hunter Zepeda; Tax Partner Steven Lorch and associates Nathan Bunch, Griffin Baker and Natalia Pierotti; U.S. Privacy & Cybersecurity Head Olivia Greer and associates David Merck, Rami Sherman, Alexis Bello, Sabrina Chishti; Executive Compensation & Benefits partner Amanda Rotkel and associates Amanda Nowak and Sanjana Rao; Banking & Finance partner Vynessa Nemunaitis and associate Kayley Bacigalupo; Environmental Head Annemargaret Connolly; Regulatory Transactions partners Matthew Morton and Timothy Welch and counsel Ariel Fliman; Employment partner Peter Mee and associate Michael Verdichizzi; ESG partner Rebecca Grapsas; Antitrust counsel Michael Naughton; Real Estate attorney Leslie Smith and associates Morgan Foulsham, Lucas Kilravey, Subrina Chowdhury, Ilana Bier, Karen Luo, Asher Witty and Jules Bienenfeld.