White & Case Advised Talen Energy Supply On US$1.6 Billion Credit Facility Transactions
White & Case advised Talen Energy Supply on US$1.6 billion credit facility transactions
The Global law firm, White & Case LLP has advised Talen Energy Supply (NASDAQ: TLN) on its US$1.6 billion credit facility transactions, comprising US$1.2 billion of incremental term loans, US$200 million of additional revolving credit facility commitments, and US$200 million of additional letter-of-credit facility commitments.
The closing of the credit facility transactions is conditioned upon Talen’s previously announced acquisitions of the Freedom Energy Center and the Guernsey Power Station, with the term loan proceeds intended to fund a portion of the acquisitions.
Talen Energy is a leading independent power producer and energy infrastructure company in the United States, operating approximately 10.3 gigawatts of power infrastructure, including 2.2 gigawatts of nuclear power and a significant dispatchable fossil fleet.
The White & Case team was led by Yehuda Rubel (Partner, New York), Justin Wagstaff (Partner, New York), and Andrew Weisberg (Partner, New York), and included Ryan Talbott (Associate, New York), Thomas Boulger (Associate, New York), and Kennedy Plott (Associate, Chicago).
White & Case LLP is a global law firm that serves companies, governments, and financial institutions worldwide. With 46 offices in 31 countries, the firm is known for its expertise in handling complex, cross-border transactions and disputes, including international arbitration, M&A, and project finance.
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