Kirkland Advises Blackstone on Close of $5.6 Billion Energy Transition Partners IV

Kirkland & Ellis advised Blackstone (NYSE: BX) on the final close of its energy transition-focused private equity fund, Blackstone Energy Transition Partners IV, which closed at its hard cap of $5.6 billion and is approximately 33% larger than its predecessor vehicle. Blackstone Energy Transition Partners (“BETP”) is Blackstone’s energy-focused private equity business, which seeks to help energy companies build enterprises at scale that can deliver cleaner, more reliable and more affordable energy to meet global needs.

Read Blackstone’s press release

The Kirkland team was led by investment funds lawyers Erica Berthou, Townshine Wu, Guillemette Chamayou and Sabrina Glaser.