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Freshfields Advises Alpha Dhabi on Enersol Joint Venture Acquisition of Additional Equity Stake in Gordon Technologies LLC
Freshfields is advising Alpha Dhabi Holding PJSC (Alpha Dhabi) on Enersol RSC LTD’s (Enersol) acquisition of an additional equity stake in Gordon Technologies LLC (Gordon). Enersol, a joint venture of Alpha Dhabi and ADNOC Drilling Company PJSC, has agreed to acquire an additional 42.206% equity stake in Gordon for consideration of approximately $270 million, making Enersol the majority equity holder with an equity stake of 62.7%.
More information on the transaction can be found here. Freshfields previously advised Alpha Dhabi on its acquisition of a 25% stake in Gordon in 2022 (more information on that transaction can be found here), which was subsequently contributed to Enersol in January 2024 (more information on that transaction can be found here).
The Freshfields team is led by New York-based partner Andrea Basham, counsel Michal Netanyahu, senior associate Dilara Alpli and associate Nicole Johnson.
Partners Bruce McCulloch and Maria Dreher-Lorje, special counsel Meytal McCoy and associate Daniel Metz are advising on antitrust matters; partner Joe Soltis, counsel Dennis Caracristi and associate Jessica Berman on tax matters; partner Brandon Gantus, senior associate Andrew Herman and associate Sonia Bennett on executive compensation and employee benefits matters; partner Mena Kaplan and senior associate Marissa Yu on intellectual property matters; and partner Stephanie BrownCripps, senior associate Tim Chen and associate Severine Kale on sanctions matters.
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