Osaro Aifuwa
Overview
Osaro Aifuwa is a debt finance partner in the Houston office of Kirkland & Ellis LLP. His experience includes financings of energy and infrastructure projects in the oil and gas and power sectors, including bank and bond financings, structured equity financings, margin loan facilities and leveraged financings.
Experience
Representative Matters
A private equity sponsor on its majority investment in a cross-border joint venture to build-out fiber-to-the-home networks.
Gogo Inc. (NASDAQ: GOGO) in its acquisition of Satcom Direct, an in-flight connectivity provider serving the business aviation and military/government mobility markets.
A private equity consortium led by EOC Partners and Elda River Capital in its significant preferred equity investment in Brazos Midstream to fund new-build gathering and processing infrastructure in the Midland Basin.
CoreWeave, a specialized cloud provider of large-scale GPU-accelerated workloads, in its $7.5 billion debt financing facility.
TPG Rise Climate in its definitive agreement to acquire Olympus Terminals, a leading independent storage provider for renewable fuels and refined products in Southern California.
EQT in a joint venture between EQT Infrastructure VI fund and T-Mobile (NASDAQ: TMUS) to acquire Lumos, a fiber-to-the-home platform, and to build-out its fiber optic network.
SCF Partners in its financing of its acquisition of Flowchem, Val-Tex and Sealweld from Entegris Inc.
Ridgewood Infrastructure in the financing of its acquisition of Waste Resource Management.
Six Flags Entertainment Corporation (NYSE: SIX) in its $850 million revolving commitments and $2.3 billion 364-day term loan A commitments in connection with its $8 billion merger of equals with Cedar Fair (NYSE: FUN).
CoreWeave, a specialized cloud provider of large-scale GPU-accelerated workloads, in its $2.3 billion debt financing facility.
I Squared Capital in its financing of an acquisition of a majority interest in the Whistler Pipeline.
Clearlake Capital Group in its $2.6 billion acquisition of Intertape Polymer Group Inc., with financing arrangements composed of a $1.5 billion first lien term loan facility and a $250 million ABL revolver facility.
KKR and Atlantic Aviation in its acquisition of the Lynx FBO Network.
KKR and Atlantic Aviation in the merger of Atlantic Aviation and Ross Aviation.
KKR in its $4.475 billion acquisition of the Atlantic Aviation business of Macquarie Infrastructure Corp.
Independence Energy Finance LLC, a portfolio company of KKR, in its internal reorganization of nearly all its domestic energy-related real property assets, including refinancing eight separate credit facilities with one $850 million reserve based lending credit facility and $500 million of senior notes.
The Carlyle Group in the financing for the acquisition of a controlling interest in a marine terminal joint venture.
QL Capital Partners in the formation of an up to $550 million drilling partnership with Antero Resources Corporation.
Guidon Operating LLC in the divestiture of all leasehold interests and related assets to Diamondback Energy, Inc. (NASDAQ: FANG) for a mixture of cash and shares of Diamondback common stock.
KKR on its definitive agreements with NextEra Energy Resources (NYSE: NEE) and NextEra Energy Partners, LP (NYSE: NEP) to acquire a large portfolio of renewables assets.
NorthRiver Midstream Finance LP in connection with an offering of $525 million of 5.625% senior secured notes due 2026.
Brookfield Infrastructure in its $6.9 billion joint venture with Blackstone Infrastructure to acquire a 42% stake in Cheniere Energy Partners, L.P. (NYSE: CQP).
Extraction Oil & Gas, Inc. in its $125 million, $50 million new money debtor-in possession financing.
Oaktree Capital Management in its $750 million unsecured term loan financing to NuStar Energy L.P.
NorthRiver Midstream Inc., a portfolio company of Brookfield Infrastructure Partners LP in connection with a C$700 mm Term Loan A Facility in the financing of the acquisition of natural gas gathering and processing businesses from Enbridge Inc. The deal includes assets that collect gas from drillers in the Montney and Horn River Basins in British Columbia and Alberta. The unit has a total operating capacity of 3.3 billion cubic feet of gas a day.
Brookfield Super-Core Infrastructure Partners, an infrastructure fund managed by Brookfield Asset Management Inc. (Brookfield), on an issuance by its acquisition vehicle, Bowie Acquisitions LLC (Bowie), of $1.325 billion of Senior Secured Notes pursuant to a private placement under the Section 4(a)(2) of the Securities Act of 1933 and a $110 million revolving credit facility provided by Mizuho Bank, Ltd. and MUFG Bank, Ltd.
EIG Global Energy Partners in its $750 million acquisition financing of an equity interest in South Texas Midstream, LLC, a newly-formed joint venture with NextEra Energy Partners LP that owns and operates a portfolio of seven natural gas transportation pipelines and related assets in Texas.
Brookfield Super-Core Infrastructure Partners, an infrastructure fund managed by Brookfield Asset Management Inc. (Brookfield), on its agreement with Dominion Energy, Inc. to transfer a 25 percent equity interest in Cove Point to Brookfield in exchange for cash consideration of just over $2 billion.
KKR in its $900 million acquisition of an equity interest in a newly-formed partnership with NextEra Energy Partners, LP that owns a portfolio of 10 utility scale wind and solar projects across the U.S.
ArcLight Energy Partners Fund VI, L.P. in the $525 million acquisition financing of its subsidiary TLP Finance Holdings, LLC.
Brookfield Infrastructure in connection with a $1 billion term loan B facility and a C$200 million revolving credit facility in the financing of the acquisition of natural gas gathering and processing businesses from Enbridge Inc. The business includes 19 natural gas processing facilities with total operating processing capacity of 3.3 Bcf/d and 3,550 kilometers of gathering pipelines, with connectivity to major demand markets including the U.S. Pacific Northwest, U.S. Midwest and Western Canada.
Lenders in a $2.4 billion holding company financing for Freeport LNG which is supported by dividends from Trains 1, 2 and 3 of the Freeport LNG project.
More
Recognition
Recognized as a Rising Star in Project Finance by IFLR1000, 2022–2024
Recognized for Energy: Renewable/Alternative Power by The Legal 500 U.S., 2021
Credentials
Admissions & Qualifications
- 2017Texas
Education
- University of Virginia School of LawJ.D.2017
- Harding UniversityM.S., Marriage and Family Therapy2009
- Harding UniversityB.A., Missionscum laude2007