Davis Polk advised I Squared Capital in connection with its acquisition, through its ISQ Global Infrastructure Fund, of DTE CoolCo, LLC from DTE Energy Services, Inc.
I Squared Capital is an independent global infrastructure investment and management platform that focuses on energy, utilities and transport. CoolCo is a 10,350-ton district chilling system providing cooling services to a large and diverse customer base in the central business district of Cincinnati, Ohio.
The Davis Polk corporate team included partner Leonard Kreynin, associate Evan Rosen, law clerk R. Danny Brimhall and summer associate Danni Lin. Partner Neil Barr and associate Aaron M. Weil provided tax advice. Associate Jessica Lutrin provided executive compensation advice. Counsel Hayden S. Baker provided environmental advice. All members of the Davis Polk team are based in the New York office.