Wilson Sonsini Advises Cloverleaf on $300 Million Capital Raise

On July 17, 2024, Cloverleaf Infrastructure, a recently formed developer of large-scale digital infrastructure sites powered by low-carbon electricity, announced that it has secured capital commitments totaling over $300 million from private equity investors NGP and Sandbrook Capital, alongside contributions from its management team. The power infrastructure company will use the capital to develop a new generation of large-scale clean-powered data center sites across the U.S. Wilson Sonsini Goodrich & Rosati advised Cloverleaf in its private equity transaction with NGP and Sandbrook.

The Wilson Sonsini team that advised Cloverleaf was led by Bob O'Connor and Scott Zimmerman and included Jason Slagle, Jessica Remlinger, and Claire Yerman.

For more information, please see Cloverleaf's press release. Additional coverage can be found on The Wall Street Journal and Law360.