Kirkland Counsels Pelican Energy Partners on Final Closing of Oversubscribed Inaugural Nuclear Energy Fund
Kirkland & Ellis represented Pelican Energy Partners on the successful closing of Pelican Base Zero at $450 million, far exceeding its target of $300 million and initial hard cap of $400 million. The Fund is committed to growing and improving nuclear services companies, which are critical to sustaining and enhancing the installed nuclear power generation base. As of the final close date, the Fund had completed six platform investments with several additional opportunities expected to close prior to year-end.
The Kirkland team included investment funds lawyers Ian Jelsma, Alex Albert and Misha Checkovich; tax lawyers Adam Nguyen and Grant Michael Newman; investment funds regulatory lawyers Xiao-Hong Jing and Natalia Pszenny; investment funds ERISA lawyers Sabrina Glaser and Theodore Brown; and government, regulatory & internal investigations lawyer Nick Niles.
