Encore Renewable Energy, a leading renewable energy developer and operator, in connection with the successful out-of-court restructuring of its bespoke integrated construction-to-term debt and a tax equity bridge facility
Riverstone Holdings LLC, its portfolio company, Talen Energy Corporation (TEC), and TEC’s wholly-owned subsidiary, Cumulus Growth Holdings LLC in the chapter 11 cases of TEC’s wholly-owned subsidiary Talen Energy Supply, LLC, which involved key settlements that paved the way for a consensual reorganization of Talen’s legacy power generation business and the Cumulus data center and cryptomining growth initiatives and allowed Riverstone to retain material equity positions in both TEC and Cumulus Growth
Rockall Energy and its subsidiaries in a chapter 11 sales process in which substantially all of the company’s operating assets were sold to Formentera Partners Fund I, LP pursuant to a prepackaged chapter 11 plan with a dual-track sale and back-stop equitization process that was confirmed within 83 days of commencing the chapter 11 cases
Unit Corporation, a diversified, publicly-traded energy company engaged in oil and natural gas exploration and production, contract drilling, and midstream services, and its affiliates in connection with its prearranged chapter 11 cases deleveraging the company by approximately $650 million in a debt-for-equity transaction with its subordinated noteholders
Bonanza Creek Energy in a merger to acquire HighPoint Resources Corporation that was valued at approximately $376 million, and included a registered exchange offer, consent solicitation, and simultaneous registered solicitation of a prepackaged plan of reorganization under chapter 11, which was followed by two subsequent out-of-court mergers and acquisitions by the combined company, resulting in a company with total expected enterprise value of $4.5 billion
Riverstone Holdings as sponsor in the prepackaged chapter 11 cases of its portfolio company UTEX Industries, a leading sealant manufacturer
Cloud Peak Energy in the sale of substantially all their operating assets to an affiliate of the Navajo Nation as part of its chapter 11 cases involving approximately $350 million in funded debt and over $750 million in total liabilities
An ad hoc group of convertible noteholders in the prepackaged chapter 11 case of Global Brokerage, Inc.
Private equity firms including Sixth Street, Riverstone, TPG, Kayne Anderson, and Quantum Energy Partners in connection with special situation investments, strategic alternatives, risk mitigation, and liability management transactions