Kirkland & Ellis counseled global energy storage platform provider Powin LLC on a new partnership with global technology leader Hitachi Energy, which will take majority ownership in eks Energy (EKS), a leading supplier of power electronics and energy management solutions for renewables and energy storage projects, previously purchased by Powin in September 2022. This deal will provide EKS with access to Hitachi Energy’s advanced engineering and control capabilities, expanded market reach, and supply chain optimization and leverage.

The Kirkland team was led by corporate partners Shubi Arora, Jhett Nelson, Josh Teahen and Fernanda Langa and associates Jessica Stenglein and Markus Wang; technology & IP transactions partners Matt Lovell and Shellie Freedman and associate Alex Barata; tax partners Vin Thorn and Liam Murphy; and debt finance partners Lucas Spivey and James Bedotto.