Kirkland Counsels Blackstone on Largest Energy Transition Credit Fund

Kirkland & Ellis advised asset manager Blackstone Credit on its Blackstone Green Private Credit Fund III, which raised $7.1 billion. The transaction closed at its hard cap and is the largest private credit energy transition fund ever raised. The fund is managed by Blackstone Credit’s Sustainable Resources Platform, which focuses on providing private credit to the renewable energy, infrastructure and energy transition marketplace.

Read Blackstone’s press release

The Kirkland team was led by investment funds partners Erica Berthou and Townshine Wu.