Day Pitney Represents John Hancock in its $1.25 Billion Acquisition of Commercial Renewable Energy Portfolio from Duke Energy

Publisher: Day Pitney Press Release

April 25, 2019

On April 24, Duke Energy announced that it has entered into a definitive agreement to sell a minority interest in a portion of its commercial renewable energy portfolio owned and operated by its affiliate, Duke Energy Renewables, to the John Hancock Infrastructure Fund (JHIF) and John Hancock Life Insurance Company (USA) (collectively, John Hancock), a division of Manulife Financial Corporation. Day Pitney LLP represented John Hancock in connection with this transaction, which has an approximate total enterprise value of $1.25 billion. The transaction is subject to customary closing conditions and expected to close in the second half of 2019.

The Day Pitney team representing John Hancock was led by partner Paul N. Belval and included Harold Blinderman, Jared Ross, Alex Judd, Taylor Amato, Gemma Cashman and Lynn Fountain.

On January 15, Brian Fischer spoke at "When Good Deals Go Bad – Pitfalls to Avoid During the Sale Process," an Exit Planning Exchange (XPX) program held at The Hartford Club in Hartford, CT.

January 15, 2020

Exit Planning Exchange (XPX), The Hartford Club, Hartford, CT

Federal Tax Institute of New England

October 24, 2019

Partners Edward Krzanowski, Tiana Gianopulos and Daniel Gottfried spoke at the 2019 Federal Tax Institute of New England, a CLE program presented by the Estates and Probate Section and the Tax Section of the Connecticut Bar Association and held in Portland, CT.

October 29, 2019

Federal Tax Institute of New England, Portland CT

Public & Private Capital Raising: How To Fund Your Bank for Growth and/or Change

On January 27, Michael Rave will be speaking on "Public & Private Capital Raising: How To Fund Your Bank for Growth and/or Change" at Bank Director's annual conference, Acquire or Be Acquired, in Phoenix, AZ.

January 27, 2019

Acquire or Be Acquired, Bank Director's Annual Conference, Phoenix, AZ

Defining Success from a Legal Perspective – How to Best Structure the Transaction to Meet the Owner's Objectives while Providing Significant Legal Protection

Brian Fischer spoke on "Defining Success from a Legal Perspective – How to Best Structure the Transaction to Meet the Owner's Objectives while Providing Significant Legal Protection," at an Exit Planning Exchange (XPX) Hartford program.

January 16, 2019

Exit Planning Exchange (XPX), Hartford, CT

Bank Director's Acquire or Be Acquired

Michael Rave will be speaking at Acquire or Be Acquired, an annual conference presented by Bank Director magazine being held in Phoenix from January 28 – 30.

January 30, 2018

Acquire or Be Acquired, Phoenix, AZ

Day Pitney Represents Pula Capital Management LP in Strategic Investment by Felton Group, LLC

December 3, 2019

Day Pitney LLP represented Pula Capital Management LP (Pula), a newly formed investment manager based in Virginia, in connection with (i) the acquisition of a minority ownership interest in Pula by Felton Group, LLC (Felton Group), and (ii) an investment by Felton Group in Pula Capital Fund, LP, a newly formed fund managed by Pula that intends to employ novel mathematical techniques and a proprietary, systematic predictive model to trade a diversified long-short portfolio of liquid U.S. equities.

Day Pitney Receives Top Rankings in U.S. News – Best Lawyers “Best Law Firms”

November 12, 2019

Day Pitney Press Release

Firm Ranked Tier 1 Nationally for Energy Law and Trusts and Estates Law

Day Pitney Represents Planet Fitness, Inc. in its Expansion to Australia

November 8, 2019

Day Pitney Press Release

Day Pitney Represents Valley National Bancorp in its Proposed Acquisition of Oritani Financial Corp.

June 26, 2019

Day Pitney Press Release

Day Pitney Represents 1st Constitution Bancorp in its Acquisition of Shore Community Bank

June 24, 2019

Day Pitney LLP represented 1st Constitution Bancorp in connection with its merger agreement with Shore Community Bank, pursuant to which 1st Constitution will acquire Shore in a stock and cash transaction valued at $16.54 per share, or approximately $53.1 million in total consideration.