Financing of the 644MW Bayonne Energy Center gas-fired power project in New Jersey


Kirkland & Ellis LLP advised the lenders, led by Credit Agricole and Investec Bank, on the financing of the 644MW Bayonne Energy Center gas-fired power project in New Jersey.

Morgan Stanley Infrastructure Partners acquired the Bayonne power project from Macquarie Infrastructure Corp in October 2018. The $500 million, seven-year mini-perm was three-times oversubscribed and reverse flexed.

The Kirkland team was led by debt finance partner Rohit Chaudhry (Picture) and associates Mateo Todd Aceves, Ben Clark and Amanda Rahav; energy regulatory partner Bob Fleishman; real estate partner Josh Faulkner; and environmental transactions partner Stefanie Gitler and associate Devi Chandrasekaran.

Involved fees earner: Mateo Todd Aceves – Kirkland & Ellis; Devi Chandrasekaran – Kirkland & Ellis; Rohit Chaudhry – Kirkland & Ellis; Benjamin Clark – Kirkland & Ellis; Joshua Faulkner – Kirkland & Ellis; Robert Fleishman – Kirkland & Ellis; Stefanie Gitler – Kirkland & Ellis; Amanda Rahav – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: Credit Agricole; Investec Bank Plc;