White & Case Advises Talen Energy Corporation and Cumulus Growth on US$175 Million Strategic Capital Partnership with Orion Energy Partners
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Global law firm White & Case LLP has advised Talen Energy Corporation and its subsidiary Cumulus Growth Holdings LLC on the six-year, up to US$175 million strategic capital partnership ("the Investment") entered into by Cumulus Digital LLC, a subsidiary of Cumulus Growth, with Orion Energy Partners. The Investment represents an additional step forward in capitalizing and executing Talen's strategic transformation to a renewable energy and digital infrastructure growth platform.
The Investment will be used to fund common infrastructure for the Cumulus hyper-scale data center campus, located adjacent to Talen's 2.5 gigawatt Susquehanna carbon-free nuclear plant, as well as to fund Talen's previously announced bitcoin mining joint venture known as Nautilus Cryptomine.
The White & Case team was led by partners Andrew Weisberg, Nandan Nelivigi and Hamad Al-Hoshan (all in New York), and included partners Mingda Zhao (Houston), Edward So and Scott Fryman (both in New York), counsel Amy Delsack (New York) and associates Dale Sheedy, Gabrielle Goodrow, Spencer Paveck, Viktor Braun, Sam Lawand, Jesse Fleck and Drew Magee (all in New York) and Leslie Vaughn, Austin Frost and Sam Spiers (all in Houston). The team was also assisted by law clerk James Corrigan (New York).
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