Kirkland Counsels TPG Rise Climate and The Rise Fund on Investment in Monolith Materials
Kirkland advised TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform TPG Rise, and The Rise Fund, on their investment in Monolith Materials, which produces clean hydrogen and carbon black using a commercial-scale methane pyrolysis process. The investment was made in connection with the completion of an equity raise by Monolith of $300 million.
The Kirkland team was led by corporate partners Kristin Mendoza and Allan Kirk, and included capital markets partner Jennifer Wu; debt finance partners Kelann Stirling and Tatiana Monastyrskaya; tax partners Jared Rusman, Michael Masri, William Dong and Sophia Han; ESG & impact partner Alexandra Farmer; environmental transactions partner James Dolphin; and energy regulatory partners Brooksany Barrowes and Marcia Hook.