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 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

Economic Leadership Forum

On January 19, Michael Rave will be speaking at the Economic Leadership Forum, presented by the New Jersey Bankers Association.

January 19, 2018

Economic Leadership Forum, Somerset, NJ

Challenges of Selling an S Corporation

June 30, 2017

Stephen Ziobrowski and Andrew Wogman authored the article "Challenges of Selling an S Corporation," which was published by Law360.

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.

Chambers USA 2019 Ranks 38 Day Pitney Attorneys and 12 Practices

May 8, 2019

Day Pitney Press Release

BB&T Freed From Fed Order As SunTrust Deal Beckons

April 19, 2019

Tapping into the Power of Offshore Wind - A Conversation with the Women Making it Happen

On September 11, Beth Barton will serve as the moderator at "Tapping into the Power of Offshore Wind - A Conversation with the Women Making it Happen," a joint meeting of the Connecticut Power and Energy Society (CPES) and New England Women in Energy and the Environment (NEWIEE).

September 11, 2019

G. Fox Building, Hartford CT