Kirkland & Ellis counseled Blackstone Credit, a preferred and common investor in Altus Power, Inc., a market-leading clean electrification company, on Altus’ business combination with CBRE Acquisition Holdings, Inc. (NYSE: CBAH) that would result in Altus Power becoming a public company listed on the New York Stock Exchange under the new ticker symbol “AMPS.” CBAH is a special-purpose acquisition company (SPAC) sponsored by CBRE Group, Inc., the world’s largest commercial real estate services firm. The transaction implies pro forma equity value of the combined company of $1.58 billion at the $10 per share price in the transaction.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
Lawyers and firms: get featured on Legal Desire
Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.
Get featuredSubmit a press releaseThe advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
