Eva Gao

Simpson Thacher represented subsidiaries of NextEra Energy Resources in the formation of Nitro Renewables Holdings, LLC, a joint venture with funds managed or advised by affiliates of Blackstone Inc. to co-own and develop a portfolio of hybrid renewable energy projects. NextEra Energy resources contributed the portfolio, and received consideration of approximately $900 million in connection with the formation of the joint venture.~~The Simpson Thacher team included Brian Chisling, Keegan Lopez, Lou Argentieri, Josh Brachfeld, Quinn Cronan, and Matteo Garofalo (M&A) and Jonathan Goldstein, Lina Pan and Eva Gao (Tax).

Sep 30

1 min

Paul, Weiss and Brooklyn Defender Services won a unanimous affirmance in the New York Supreme Court Appellate Division, Second Department of the lower court’s finding that the Administration for Children’s Services (ACS) had failed to prove that our client had neglected her children. ACS had sought to prove child neglect based solely on our client’s use of drugs and without any showing that the children had been mentally or physically impaired or were in any imminent danger of impairment. The Second Department’s decision clarifies that a parent’s drug use, without more, is not sufficient to establish neglect as defined by the Family Court Act, and provides critical guidance for future child neglect actions based on drug use. Following fact-finding, the family court held that ACS had failed to prove child neglect and dismissed its petition against our client. ACS appealed this decision to the Second Department and promptly obtained a stay that prevented our client from being alone with her children. Paul, Weiss joined the matter as pro bono counsel to represent the mother in opposing ACS’s appeal. Following briefing and oral argument, the Second Department unanimously affirmed the family court’s dismissal of child neglect petition against our client. The court agreed with all of our arguments on appeal, holding that evidence of actual or imminent child impairment is a necessary element of child neglect under the Family Court Act and that the record did not contain sufficient evidence to satisfy ACS’s burden. The Paul, Weiss team included litigation partner William Michael, associates Eva Gao (who argued the appeal), Isabelle Leipziger and Jordann Harrison.

Nov 20

1 min

Simpson Thacher is representing DC BLOX in connection with its raise of incremental equity capital from its existing and new investors, led by Post Road Group and Bain Capital Credit.~~DC BLOX is a digital infrastructure provider in the Southeast that delivers integrated data center and fiber network solutions at scale to enable hyperscalers, enterprises, communications providers, and technology companies to offer enhanced digital services to their customers and accelerate the region’s economic growth.~~The funding will enable the deployment of over $1 billion of total capital to finance future construction and the development of powered-land banking opportunities, reinforcing DC BLOX’s market position as a hyperscale-ready data center platform.~~The Simpson Thacher team includes Gabriel Silva, David Goodman and Isabella Correa (M&A); Hui Lin and Joann Kim (Capital Markets); Drew Purcell, Andrew Mandelbaum, Tova Pfeffer and Eva Gao (Tax); and David Rubinsky and Alisa Tschorke (ECEB).

Sep 10

1 min

Simpson Thacher is representing ILC Dover (“ILC”) and New Mountain Capital in connection with the announced sale of ILC to Ingersoll Rand Inc. (NYSE: IR) for an upfront cash purchase price of approximately $2.325 billion and an earnout tied to the achievement of select operating efficiency metrics in 2024. The acquisition is subject to customary regulatory approvals and is expected to close in Q2 2024.~~ILC is a world-leader in the design and production of highly innovative solutions for biopharmaceutical, pharmaceutical, and medical device markets as well as a leading supplier for the space industry. ILC has a 75-year heritage of innovation and commitment to expanding its product portfolio of mission-critical applications. ILC serves its global customer base across 11 engineering and production facilities located in North America, Europe, and Asia, with more than 2,000 team members.~~Simpson Thacher represented New Mountain Capital in its acquisition of ILC in 2020.~~The Simpson Thacher team includes Elizabeth Cooper, Joey Mayer, Erica Egenes, Ben Kloss, Simon Teich, Gillian Wei, Dashia Kwok and Pilar Laitano Ferreira (M&A); Adam Arikat, Preston Irace and Eva Gao (Tax); Greg Grogan, Gary Tashjian and Guanxiong Xu (ECEB); Peter Guryan and Jamie Logie (Antitrust); Benjamin Persina (Credit); Lori Lesser and Rachelle Broida (Intellectual Property); Krista McManus (Real Estate); and Timothy Mulvihill and Deepa Sarkar (Environmental).

Mar 25

1 min

Simpson Thacher is representing NTT Global Data Centers Americas, Inc. (“NTT GDCA”), in connection with an investment by TC Global Investments Americas LLC (“TC”) in three large-scale hyperscale data centers owned and operated by NTT GDCA in Chicago with a total planned capacity of 104MW. Closing of the transaction is subject to customary closing conditions.~~NTT GDCA is a division of the Japanese conglomerate NTT Group, which is the world’s third largest data center provider with 148 data centers in over 20 countries worldwide. TC is a member of Tokyo Century Corporation’s group, a Japanese conglomerate operating leasing, a founding business, and other high value-added financial services through co-creation with partner companies.~~The Simpson Thacher team includes Gabriel Silva, Gabriela Astolphi, Noritaka Kumamoto, Chan Ho Park, Dashia Kwok, Douglas Ogata, Fernao Castro and Larissa Gebrim (M&A); Andrew Purcell, Andrew Mandelbaum and Eva Gao (Tax); and Karen Kazmerzak, Kelly Karapetyan and Pauline Patat (Antitrust).

Sep 2

1 min