Kirkland & Ellis advised Blackstone on its acquisition of Power Grid Components, Inc. (PGC) from Shorehill Capital LLC. As a supplier of critical components to the grid and partner to many of the nation’s largest electrical utilities, PGC advances the global energy transition by improving the reliability, capacity and safety of the grid, by enabling the deployment of new renewable generation, and by supporting broad electrification trends.

The Kirkland team was led by corporate partners Rhett Van Syoc and Zach Savrick; debt finance partner Yuli Wang; and tax partner Mark Dundon; and included corporate associates Mike Bassi, Evan Chavez, Markus Wang, Josh Stout, Kersten Kober and Jordan Martin; executive compensation partners Stephen Jacobson and Jabir Yusoff and associate Dillon Jones; tax partner David Morris and associate Grace Nielsen; and debt finance associates Annie Zhao and Yinan Guo.