Kirkland Advises Morgan Stanley Infrastructure Partners on its Majority Investment in Crowley Wind Joint Venture
Kirkland & Ellis represents Morgan Stanley Infrastructure Partners (MSIP) on the formation, together with U.S. supply chain leader Crowley, of a new joint venture, Crowley Wind Services, to advance wind energy solutions for the United States.
MSIP will hold a majority stake in Crowley Wind Services while Crowley will operate the business. Crowley Wind Services will focus on repurposing and operating existing U.S. port facilities, and leasing them to offshore wind developers for manufacturing, assembly and storage of wind farm components as well as providing developers with maritime services such as Jones Act-compliant feedering vessels to transport components from ports to offshore wind installations.
The Kirkland team was led by corporate partners Kevin Crews and Tony Johnston, with support from associates Jessica Berkowitz, Garrett Engel, Rizwan Popatia and Curtis French; and included tax partners David Wheat, Mike Masri, Sophia Han and Ryan Phelps; real asset partner Pat Corrigan and associate Jonathan Strom; real estate partner Josh Faulkner and associate TJ Kuban; energy regulatory partner Marcia Hook and associate Duncan Grimm; executive compensation partners Stephen Jacobson and Stephanie Jeane and associate Mei Wang; employee benefits partner Alex Mihalas and associate Iris Grossman; employment & labor partner Christie Alcala; environmental transactions partner Jon Kidwell and associate Courtney Tibbetts; and technology & intellectual property transactions partner Shellie Freedman and associate Cordelia Mikita.