Kirkland Advises Energy Spectrum-backed ESGEN on $475 Million Business Combination with Sunergy
Kirkland & Ellis counseled ESGEN Acquisition Corp. (NASDAQ: ESAC), a special purpose acquisition company, on its definitive business combination agreement with Sunergy Renewables, LLC (Sunergy), a leading provider of residential solar and energy efficiency solutions. Upon closing of the business combination, which is expected during the fourth quarter of 2023 subject to customary closing conditions, Sunergy will become a publicly traded company with an expected pro forma enterprise value of $475 million. ESGEN is backed by Energy Spectrum Partners VIII LP.
The Kirkland team was led by corporate partners Kevin Crews and Jack Shirley and capital markets partners Julian Seiguer and Matthew Turner; and included tax partners Mark Dundon and Bill Dong.
