Latham Advises Wafra in Acquiring a Controlling Interest in Mission Clean Energy

Wafra Inc., a global alternative asset manager, has announced the acquisition of a controlling interest in Mission Clean Energy LLC (Mission), a utility scale renewable asset developer. Alongside Wafra, Aggregate Power Infrastructure LLC, a clean infrastructure investor, will be investing in Mission.

Mission has aggregated a 3GW project development pipeline with a diverse geographical presence across North America and a focus on solar and battery storage projects. Wafra’s investment will be utilized to accelerate the expansion and delivery of these pipeline assets. Mission was founded in 2022 to respond to the growing demand for renewable energy assets by a well-established leadership team.

Latham & Watkins LLP represents Wafra in the transaction with a corporate deal team led by Houston/New York partner Ravi Purohit and Washington, D.C. partner Ethan Schultz and Austin associates Cody Conwell and Cecilia Turchetti. Advice was also provided on benefits and compensation matters by Houston counsel Krisa Benskin and Houston associate Dane Rebkowec; on tax matters by New York partner Eli Katz and Chicago partner Rene de Vera; and on real estate matters by San Diego partner Robert Frances and San Diego associate Will Swanson.