Michael A. Müller

Energy M&A and Platform Transactions

• National Grid in the acquisition of Geronimo Energy, a developer of more than 2,200 MW of wind and solar projects, the rebranding of the platform as National Grid Renewables, related joint venture arrangements, and the subsequent sale of the National Grid Renewables platform to Brookfield Renewable Partners
• Infrastructure Investments Fund and its portfolio company, Summit Utilities, in the $2.15 billion acquisition of Arkansas Gas and Oklahoma Gas, regulated natural gas distribution utilities, from CenterPoint Energy
• Heelstone Renewable Energy, a developer holding a 20-gigawatt portfolio of solar photovoltaic and energy storage assets, including 179 MW in operation, 175 MW under construction, and additional ready-to-build and in-development projects, in its sale by Ares to Qualitas Energy
• Navisun, a Hingham, Massachusetts-based independent distributed generation solar power producer that acquires, co-develops, constructs, finances, owns, and operates distributed and small utility-scale solar and storage projects throughout the United States, in its sale to OMERS Infrastructure
• Ares and certain of its funds in the approximately $429 million sale of the Channelview Project, an 856 MW gas-fired combined-cycle cogeneration facility with an adjacent post-combustion carbon capture project under development, located in Channelview, Texas, to an Ares-managed fund-of-one vehicle established for affiliates of Elliott Investment Management
• LS Power in the sale of the 751 MW West Deptford Energy Station in New Jersey to a group of investors that acquired ownership interests in the project through a subscription process
• CS Energy, a US-based engineering, procurement, and construction firm focused on solar, energy storage, and emerging energy industries, in its sale to American Securities LLC

Project Finance – Power Generation

• Apex Power and Caithness Energy in the development, construction, and approximately $1.6 billion project financing of Guernsey Power Station, an approximately 1,850 MW natural gas-fired combined-cycle electric generation facility in Ohio
• Astoria Energy LLC and Astoria Energy II LLC in connection with the development, construction, ownership, and financing transactions of two 550 MW natural gas-fired combined-cycle electric generation facilities in New York City (the Astoria Energy II transaction was named Americas Power Deal of the Year by Project Finance International)
• Ares EIF Management and Kleen Energy Systems LLC in project development and debt and equity transactions exceeding $1.3 billion for the construction and long-term financing of a 620 MW dual-fuel electric generation facility in Connecticut (North American Single Asset Power Deal of the Year, Project Finance)
• Ares EIF Management in multiple large-scale project development and financing transactions and subsequent partial and full sale transactions involving natural gas-fired combined-cycle electric generation facilities across the Mid-Atlantic, Northeast, and Western United States

Renewable Energy, Storage, and Energy Transition

• Swift Current Energy in the acquisition of Prospect Power LLC, the developer of an approximately 300 MW battery energy storage project in Rockingham County, Virginia, and the subsequent development, construction, and $242 million project financing of the 150 MW/600 MWh Prospect Power Storage facility
• National Grid Renewables in multiple tax equity, hybrid tax equity, and investment tax credit transfer transactions involving utility-scale solar and solar-plus-storage projects
• South Jersey Industries and Peaks Renewables in the monetization and sale of investment tax credits generated from renewable natural gas projects

Digital, Data, and Communications Infrastructure

• Manulife Investment Management in the formation of Lakefront Fiber, a joint venture with Midwest Fiber Networks, and the initial acquisition of approximately 650 route miles of fiber infrastructure in Illinois
• The owner of a 51 MW operational data center facility in Oklahoma in the sale of a majority ownership interest in the facility to BitFuFu Inc., a global digital infrastructure and computing services platform
• A private equity firm in connection with a power purchase agreement for the sale of electricity from a conventional power facility to supply a co-located data center owned by a multinational technology company
• Underline El Paso, a fiber-to-the-home broadband provider, in connection with the financing for the development and construction of open-access fiber broadband networks

Infrastructure, Ports, and Transportation

• Gateway New London LLC in connection with a public-private partnership with the Connecticut Port Authority to redevelop State Pier into an offshore wind assembly and staging terminal
• A multinational bank in connection with the financing of airport infrastructure assets owned and operated by Hawthorne Global Aviation Services, a leading US fixed-base operator
• Ginkgo Bioworks in connection with the structuring and documentation of a joint venture with the Qatar Free Zones Authority and Doha Venture Capital to develop and operate the Center for Unified Biosecurity Excellence (CUBE-D) in Qatar
• A terminal and logistics infrastructure company in portfolio financings and acquisitions involving intermodal river terminals and bulk cargo shipping terminals in the United States