McDermott Will & Schulte, a global law firm

Global law firm McDermott Will & Schulte represented Copia Power (Copia), a developer, owner, and operator of integrated large-scale energy and digital infrastructure campuses across the US, in its sale to EQT, a purpose-driven global investment firm, from global investment firm Carlyle.

The agreement to sell Copia Power to EQT Infrastructure marks a landmark transaction in the US energy and digital infrastructure sectors. Valuing one of the fastest-growing power development platforms, the deal highlights the critical intersection of renewable energy, datacenters, and artificial intelligence.

Copia has over 2.6 GW of energy generation and storage assets in operation or under construction and is developing over 9 GW of grid-connected data centers backed by its gigawatt-scale energy campuses, comprising more than 25 GW of solar and storage and 7 GW of natural gas generation assets.

The transaction aligns with EQT’s focus on AI infrastructure and energy security.

McDermott Will & Schulte’s Digital Infrastructure Group leverages more than 20 years of experience and billions of dollars in global technology transactions to help investors, developers, operators, and technology partners structure and execute complex digital infrastructure deals that drive long-term value.

The McDermott team was led by Carl Fleming, Kate Vera Coverdale, and Tom Conaghan with invaluable assistance from Frances Sevilla-Sacasa, Marina Leary, Stephen Aber, and Eliza Clark.

Read Copia’s press release here.