Latham Represents Goldman Sachs Alternatives’ Hybrid Capital Group in Financing for Qualus’ Completed Acquisition of PFES

Qualus Corporation (Qualus), a leading pure-play power services firm and innovator at the forefront of the energy transition, has announced the completion of its acquisition of Planet Forward Energy Solutions, LLC (PFES), a specialized and differentiated provider of program management and strategic advisory services to the power industry and utilities. The firm has extensive experience managing large, long-term power and utility infrastructure programs, and serves as a trusted advisor to optimize the structuring of capital investment strategies and allocation of resources as part of multi-decade critical infrastructure initiatives for its clients, including initiatives in grid resiliency, clean energy, energy efficiency, and increased generation investment related to renewables, decarbonization, electrification, and data center expansion.

Latham & Watkins LLP represented Goldman Sachs Alternatives’ Hybrid Capital group, who provided incremental capital to support the transaction, with a team led by partners Stelios Saffos and Peter Sluka, Global Co-Chairs of Latham’s Hybrid Capital Practice, and partner Andrew Blumenthal, with associates James Sullivan and Catherine Willis. Advice was also provided on tax matters by partners Jocelyn Noll and Eric Kamerman.