Spencer A.G. Curtis

Energy & Infrastructure Transactions

• American Electric Power in connection with a strategic partnership in which affiliates of KKR and PSP Investments will acquire a 19.9% equity interest in AEP’s Ohio and Indiana & Michigan transmission companies for $2.82 billion
• American Electric Power in its sale of its distributed generation business AEP Onsite Partners to funds advised by Basalt Infrastructure Partners LLC
• Hydro-Québec, in its approximately $2 billion acquisition of Great River Hydro LLC, an indirect portfolio company of ArcLight Capital Partners, that owns 14 hydro-electric generation facilities totaling approximately 700 megawatts (MW) of capacity and related facilities in the ISO-New England market
• Energy Capital Partners in various 50% acquisitions of wind, solar and storage projects from Orsted, with aggregate transaction values of approximately $1 billion
• American Electric Power Company Inc. in its $2.846 billion sale of Kentucky Power Company and AEP Kentucky Transmission Company Inc. to Liberty Utilities Co., a subsidiary of Algonquin Power & Utilities Corp.
• Summit Utilities Inc. in its $2.15 billion acquisition of the Arkansas and Oklahoma gas distribution utility businesses of CenterPoint Energy Inc.

Insurance Transactions

• MDAdvantage, a New Jersey–based medical professional liability insurance company, in its sale to Mag Mutual Insurance
• Aspen Insurance in the sale of its US and UK surety operations to Amynta Group
• GoodWorks Insurance in the sale of Goodworks Financial Group to Assured Partners
• The board of directors of NORCAL Mutual Insurance Co., a provider of medical professional liability insurance and risk management solutions to physicians, medical groups, hospitals, clinics, and allied healthcare, in its $450 million sale to ProAssurance Corp.
• Aspen Insurance Holdings Ltd. in the $68.4 million sale of AgriLogic Insurance Services, a company that provides crop insurance, risk management, and grain marketing expertise, to CGB Diversified Services Inc.
• Tokio Marine Kiln Group in its acquisition of WNC Holding Co., a holding company for insurance service providers
• Oregon Insurance Department in connection with its review and approval of a joint venture between Moda Health Plan and Delta Dental of California, wherein Delta invested $152 million of new equity capital for a 49.5% interest in Moda Health Plan’s parent company
• Aspen Insurance Holdings in its acquisition of AgriLogic Insurance Services
• Bermuda-based insurance runoff company Randall & Quilter Investment Holdings Ltd. in its acquisition of United States Sports Insurance Co. LLC, a Washington, DC–domiciled captive insurance company wholly owned by USA Swimming Inc.
• A group of lenders, led by Apollo Global Management and Brigade Capital Management, in connection with the restructuring of certain indebtedness of Medical Card System Inc., one of the largest managed care organizations in Puerto Rico
• Guy Carpenter & Company LLC in several of its strategic acquisitions
• Representation and warranty insurance providers in support of their transaction risk underwriting processes

Other Representations

• A private investor in his investment in the Minnesota Timberwolves
• Penske Media Corp. in its investment in SXSW LLC
• DentalOne Partners in its sale to Mid-Atlantic Dental Partners
• The investment arm of a large department store chain in its cross-border investment in a downstream payment processor and subsequent divestiture
• Court Square Capital Partners in connection with the $735 million sale of Vestcom International Inc., a leading in-store marketing firm, to an affiliate of Charlesbank Capital Partners
• Vestcom International Inc., a portfolio company owned by Court Square Capital Partners, in its acquisition of Information Planning & Management Service Inc. d/b/a EJ Caimen, a Virginia-based provider of innovative shelf-edge products and services to retailers throughout the United States
• An affiliate of Court Square Capital Partners in connection with the sale of its offset printing assets
• Hitachi Metals America in its acquisition of HTP-Meds LLC and Hi-Tech Machine and Fabrication LLC, two medical equipment component manufacturers based in Rhode Island