Ipek Candan Snyder

Partner, New York

Biography

Overview

Ipek Candan Snyder is a partner in the Mergers & Acquisitions Practice Group, and is resident in the New York office. Ipek focuses on the representation of corporate clients in connection with domestic and global mergers and acquisitions, private equity transactions, divestitures, restructurings, reorganizations, and joint ventures in a broad range of industries, including power (renewables and conventional), infrastructure, telecommunications, oil & gas and industrials. Ipek has also advised clients on general corporate and corporate governance matters, and offerings of debt and equity securities, both public and private placements.

Bars and Courts
New York State Bar
Education
JD
Brooklyn Law School
BA
New York University
Languages
English
French
Turkish

Experience

Abu Dhabi Future Energy Company (Masdar) in connection with its acquisition of John Laing Group's stakes in two wind farms in the US. The transaction marks Masdar's first North American renewable energy investment.

I Squared Capital, through its ISQ Global Infrastructure Fund I, in the sale of its interests in Kendall Green Energy to Veolia Energy North America. Kendall is a cogeneration facility in Cambridge, Massachusetts with 232 MW of capacity and provides over 90 percent of the district steam used in Cambridge and Boston.

Calpine Corporation in its acquisition of the remaining 25% percent interest in Russell City, a 615 MW combined-cycle gas turbine power plant in Hayward, California.

Beal Bank in the acquisition of a 1.092 MW facility located in Maricopa County, Arizona as part of a comprehensive restructuring of New MACH Gen, LLC pursuant to a voluntary pre-packaged plan of reorganization under Chapter 11 of US Bankruptcy Code.

Macquarie Infrastructure Corporation in its sale of Bayonne Energy Center, a power generation facility in Bayonne, New Jersey.

Cogentrix Energy Power Management, LLC, a portfolio company of The Carlyle Group, in its sale of Red Oak Power, LLC, the US-based owner and operator of combined cycle electricity generating facility, to Morgan Stanley Infrastructure Inc.

The Houston Rockets and its owner Mr. Leslie Alexander in connection with the US$2.2 billion sale of the team and rights to the Toyata Center in Houston to Tilman Fertitta.

Beal Bank in the acquisition of a natural gas-fired electric generating facility, located in McKittrick, California, from La Paloma Generating Company, LLC in a Chapter 11 sale under section 363 of the US Bankruptcy Code.

Beal Bank in the acquisition of two of four 550 MW natural gas-fired power blocks of the Gila River Power Station located in Gila Bend, Arizona, from Sundevil Power Holdings, LLC, and its subsequent sale of the units.

China Three Gorges Corporation in its US$1.2 billion acquisition of Duke Energy's hydroelectric assets in Brazil.

Calpine Corporation in its US$395.5 million sale of Mankato Power Plant, a 375 MW natural gas-fired, combined-cycle power plant located in Minnesota, to Southern Company subsidiary Southern Power.

DIP administrative agent and DIP arrangers in the Chapter 11 cases of SunEdison, Inc. and its affiliates, a global renewable energy company headquartered in the U.S., including in connection with SunEdison's sales of companies and assets globally.

Calpine Corporation in its sale of South Point Energy Center, an approximately 504 MW natural gas-fired, combined-cycle, electric generation facility on the Fort Mojave Indian Reservation in Mohave Valley, Arizona, to Nevada Power Company.

Hikma Pharmaceuticals PLC in acquisition of Bedford Laboratories, the US-based generic injectable drugs business of Ben Venue Laboratories, Inc., a member of the Boehringer Ingelheim Group of Companies, for a consideration of up to US$300 million.

Calpine Corporation in its US$500 million acquisition of the Granite Ridge Energy Center, a 745 MW combined-cycle, gas-fired power plant located in Londonderry, New Hampshire.

Global Infrastructure Partners in the acquisition of the principal holdings of Competitive Power Ventures.

Calpine Corporation in its US$530 million acquisition of Fore River Generating Station, a nominal 809 MW combined-cycle power plant, from Exelon Corporation.

Calpine Corporation in its US$1.57 billion sale of six power plants, located in Oklahoma, Louisiana, Alabama, Florida and South Carolina and comprising 3,498 MW of combined-cycle generation capacity, to NatGen Southeast Power LLC, a wholly-owned subsidiary of LS Power Equity Partners III.

Calpine Corporation in its US$432 million acquisition of the 800 MW power plant owned by Bosque Power Co.

Panasonic Corporation in the US$1.545 billion acquisition of Hussmann Corporation, a Missouri-based manufacturer of refrigerated display cases and systems, from shareholders, including Clayton, Dubilier and Rice LLC.

Nordic Capital and its portfolio company CPS Color (CPS), in a combination of CPS's colorant business and Chromaflo Technologies, a global provider of pigment and chemical dispersions.

Stop & Shop Supermarket Company LLC, a subsidiary of Royal Ahold, as a stalking-bidder in connection with Stop & Shop's US$146.3 million acquisition of 25 supermarkets from Great Atlantic & Pacific Tea Company, Inc. (A&P), pursuant to a sale order under section 363 of the US Bankruptcy Code.

Kelson Energy, Inc. in the US$77.2 million sale by its subsidiary, Dogwood Energy LLC, of an undivided interest in a combined-cycle, natural gas-fired electric generating facility located in Cass County, Missouri.