Norton Rose Fulbright advises on £1.4 billion consortium offer for Calisen PLC

Global law firm Norton Rose Fulbright is advising Goldman Sachs as financial adviser to a consortium of infrastructure funds, comprising GEPIF (with co-investor Mubadala) and West Street Infrastructure Partners (WSIP), on its £1.4 billion recommended cash offer for Calisen PLC.

Calisen is a leading owner and manager of essential energy infrastructure assets, as well as a provider of installation, meter reading, maintenance and ancillary services. Under the terms of the offer, Calisen shareholders will receive 261p per share in cash.

GEPIF is a $5.1 billion energy and infrastructure fund managed by BlackRock Alternatives Management LLC, which is an indirect wholly-owned subsidiary of BlackRock, Inc. Its co-investor Mubadala is a global investment company with $232.2 billion of assets under management (as of December 2019) and is wholly-owned by the Government of Abu Dhabi. WSIP is one of a series of funds managed by Goldman Sachs within its Merchant Banking Division, and makes direct investments in infrastructure and infrastructure-related assets and companies globally. 

The London-based Norton Rose Fulbright team is led by corporate partner Paul Whitelock, corporate counsel Nicolas Sirtoli and banking partner James Dunnett, supported by counsel Alex Zekkos and associate Florence Childs.