Latham & Watkins Advises Scale Microgrids on Acquisition by EQT

Scale Microgrids (Scale), Warburg Pincus, and EQT announced that EQT Transition Infrastructure has agreed to acquire Scale, a leading vertically integrated developer, acquirer, owner, and operator of microgrids and distributed energy resources for various sectors, from Warburg Pincus and other existing shareholders. The transaction is subject to customary conditions and approvals.

Latham & Watkins LLP represents Scale in the transaction with a corporate deal team led by New York partner Alex Kelly and New York counsel Julian Azran, with Boston partner Stephen Ranere and New York partner Thomas Engelhardt, and with associates Lachlan Sievert, Ebenezer Abaidoo, and Rachel Klein. Advice was also provided on transactional tax matters by New York partner Matthew Dewitz, with associate Joseph Marcus; on compensation and benefits matters by Washington, D.C. partner Adam Kestenbaum, with associate Bryce Williamson; on antitrust matters by Washington, D.C. partners Jason Cruise and Patrick English, with associates Carla Palma and Ned Brose; on intellectual property matters by associate Lyle Stewart; and on project development and finance matters by New York partner Kelly Cataldo and Washington, D.C. counsel James Blackburn, with associates Dominika Kovacicova and Ike Obioma.