Sidley was honored with the “Energy, Power & Utilities Deal of the Year” award at The Deal’s inaugural The Deal Awards Middle Market.
Sidley was recognized for the firm’s role in I Squared Capital’s joint venture with The Blackstone Group L.P. in EagleClaw Midstream Ventures, formed by I Squared Capital making a cash investment and contributing to Pinnacle Midstream, LLC, while EagleClaw concurrently purchased Caprock Midstream. The transaction makes EagleClaw, with the combined operations of EagleClaw, Caprock and Pinnacle, the largest operator of oil and natural gas gathering and processing assets in the Delaware Basin area of west Texas, as well as an investor in a major gas pipeline under development, the Permian Highway Pipeline. The Sidley team representing I Squared Capital was led from the Houston office by Glenn Pinkerton and Tim Chandler, and included in Houston lawyers Zack Pullin, David Buck, Heather Palmer, Cliff Vrielink, Dan Allison, Atman Shukla, Kayleigh McNelis, Alex Tanton, Alex Morgan, Mike Telford, Andy Chen, Ashley Moulder, Eric Backman, Michael McCormick and John Brannan; in Washington, D.C., Bill Williams and Greg Kusel; in Chicago, Ben Rosemergy, Marc Raven, Christian Pilhofer and Katharine Newman; and in Brussels, Steve Spinks and Ken Daly.
I Squared Capital is a private equity and infrastructure fund with approximately $13 billion under management and the firm relationship is led by Dave Gordon from the Chicago office.
The Deal Awards Middle Market recognizes leaders and innovators in the world of dealmaking. Winners were selected from hundreds of nominations, spanning a wide array of categories and sectors.