Kirkland Represents Archaea Energy on Sale to bp for Approximately $4.1 Billion
Kirkland & Ellis advised Archaea Energy Inc., (NYSE: LFG), an industry-leading renewable natural gas (“RNG”) company, on its sale to bp p.l.c. (NYSE: BP) for approximately $4.1 billion. bp provides Archaea access to unmatched, world-class platforms, capabilities, and capital resources for acceleration of its growth plans. Upon completion of the transaction, Archaea will operate as a subsidiary within bp and become part of the larger global organization. The acquisition is expected to close by the end of 2022.
Read the Archaea press release
The Kirkland team was led by corporate partners David Feirstein, Cyril Jones and Steven Li and associates Alexandra Gallogly and Christian Mahre, capital markets partners Matt Pacey and Lanchi Huynh and associate Logan Weissler, executive compensation partners Stephen Jacobson and Jabir Yusoff and associate Brandon Newman, and tax partners Michael Beinus and Vivek Ratnam.