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.
Day Pitney Press Release
Day Pitney is sponsoring the upcoming New England Energy Conference and Exposition (NEECE), which is being held in Providence on June 7-8.
Day Pitney Energy Senior Associate Rosendo Garza Jr. was featured in the Law360 Pulse article, "Former Conn. State Secretary, Law Dean Among Bar Honorees."
Day Pitney is a sponsor of the 2023 New England Women in Energy and the Environment's (NEWIEE) 2023 Annual Awards Gala being held on April 27 at The Westin Copley Place Boston.
Day Pitney Energy and Utilities Partners Sebastian M. Lombardi (Hartford) and Evan C. Reese III (Washington, DC) have been named to the inaugural 2023 Lawdragon 500 Leading US Energy Lawyers list. For more information on the methodology, click here.
Day Pitney Partners Gretchen Blauvelt-Marquez, Michael Fitzpatrick, James Leva, Nicole Magdiziak and Thomas O'Mullane's promotion to partnership and Partner Todd Terhune's arrival to the firm were featured in the New Jersey Law Journal's New Partners Yearbook 2023.
Day Pitney Press Release
Day Pitney Energy Partner Sebastian M. Lombardi's election by the Connecticut Bar Foundation's board of directors to the James W. Cooper Fellows Program was featured in the Law360 Pulse article, "Conn. Bar Foundation Elects 22 Attys As Fellows."
Day Pitney's election of 11 new partners was featured in Law360 Pulse article, "Day Pitney Elevates 11 To Partner."
Day Pitney Real Estate and Land Use Partner Nicole Magdziak's promotion to partner was featured in Real Estate NJ's article, "Day Pitney Real Estate, Land Use Lawyer in New Jersey Named Partner."