Latham & Watkins Assists Macquarie Infrastructure and Real Assets in Securing CFIUS Clearance

Members of Latham's CFIUS team and M&A Practice advised MIRA in connection with the transfer of its minority interest in the parent company of Puget Sound Energy.

April 22, 2019

Macquarie Infrastructure and Real Assets (MIRA), one of the world’s leading alternative asset managers, received clearance from the Committee on Foreign Investment in the United States (CFIUS) in connection with the transfer of its minority interest in the parent company of Puget Sound Energy to four investors, including OMERS Infrastructure and PGGM. The transaction closed on April 17, 2019, following receipt of this CFIUS clearance and all other applicable regulatory approvals.

Latham & Watkins LLP represented MIRA in the transaction and advised the company on the CFIUS clearance process. The CFIUS team was led by Washington, D.C. partner Les Carnegie, with Washington, D.C. associate Natalie Hardwick Rao. The corporate deal team was led by New York partner Thomas Christopher, with New York associates Edmond Parhami and Ryan Post.

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