ACG New York Women of Leadership - Entrepreneur Series
Barbara Bradley Baekgaard, founder of Vera Bradley (Nasdaq: VRA), is the latest in a series of entrepreneurs highlighted at ACG New York Women of Leadership events. Photo credit: Robert Blumenfeld


GTCR, Hormel, the Riverside Co-CEOs and Others Win M&A Mid-Market Awards
Amid a slow and challenging year for dealmaking, the winners of Mergers & Acquisitions’ 7th Annual M&A Mid-Market Awards outpaced the competition to grow, innovate and lead the middle market


Financial Services Companies Heat Up M&A Market
Speakers from Flexpoint Ford, Genstar Capital, Baird Capital, Madison Capital Funding and Katten Muchin Rosenman discuss the various factors playing a role in M&A activity within the financial services space

Expert's Corner

Pursuing Pharma Manufacturing
The fragmented pharmaceutical manufacturing industry provides plenty of opportunities for private equity investors, says JLL Partners founder Paul Levy

Today's Transactions:
National Grid Invests in Clean Line Energy, Develops New Energy Projects

The $40M deal is expected to bring wind energy resources to different communities

Energy company National Grid will make a $40 million equity investment in Clean Line Energy Partners LLC to help the company develop four high-voltage direct current projects.

Clean Line Energy develops long distance, high-voltage direct current transmission projects that aim to move renewable energy to market. The four projects will connect onshore wind energy resources in the U.S. to communities seeking clean power.

Under the terms of the deal, National Grid will have the option to acquire a significant ownership stake in the projects.

The deal is subject to regulatory approval.

In the U.S., National Grid delivers electricity to more than 3 million customers in Massachsuetts, New York and Rhode Island.

Partners Jonathan Morris and John McGrane of Morgan Lewis & Bockius LLP served as legal counsel to National Grid. The deal was announced Nov. 27.


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