Weil, Gotshal and Manges LLP along with Kirkland & Ellis LLP advised on CPP Investments’ $1 billion strategic minority investment in Alpha gen.

Alpha gen is one of the largest independent power portfolios in the U.S., with over 11 GWs of critical power assets located in strategic markets across the country. The investment is subject to regulatory approvals and is expected to close in the first half of 2026.

Weil, Gotshal and Manges LLP advised CPP Investments in its definitive agreement to invest $1 billion for a strategic minority position in AlphaGen, one of the largest independent power portfolios in the U.S., with over 11 gigawatts of critical power assets located in strategic markets across the country. ArcLight Capital Partners formed and owns AlphaGen to manage its large portfolio of power infrastructure assets.

The Weil team is led by Private Equity Partners Timothy Burns and Irina Tsveklova and included Counsel James Pierre-Louis and Associates Humzah Yazdani, Gracy Wang, Trace Hancock, Matthew Kim and Ben Jamison; Regulatory Transactions Partners Seth Kerschner and Timothy Welch, Counsel Ariel Fliman and Associates Graham McHenry (Not Yet Admitted in Washington, D.C.) and Colin Cox; Tax Partner Steven Lorch and Associate Nathan Bunch; Executive Compensation & Benefits Partner Victoria Rosamond and Associates Rebekah French and Rustin Armknecht; Technology & IP Transactions Partner Kane Wishart and Associate Tomide Owolabi; U.S. Privacy & Cybersecurity Head Olivia Greer and Associate Jeeyoon Chung; Structured Finance & Derivatives Partner Ariel Kronman and Associate Henry Han; Banking & Finance Partner Brendan Conley and Associate Anna Williams (Not Yet Admitted in Dallas); Capital Markets Partner Michael Stein and Associate Stefan Tsourovakas; Employment Partner Xander Tabloff and Associate Zeinab Bakillah; and Real Estate Attorney Leslie Smith and Associates Ilana Bier and Jules Bienenfeld.

Kirkland & Ellis advised ArcLight Capital Partners on a definitive agreement whereby Canada Pension Plan Investment Board will invest $1 billion for a strategic minority position in AlphaGen. The Kirkland team included corporate lawyers Kristin Mendoza, Ahmed Sidik and Conor Gordon; and tax lawyer Bill Dong.