M&A Transactions in the Clean Technology, Alternative Energy and Green Transportation Industries

S&C continues to represent clients at the forefront of innovation, including those in the clean technology, alternative energy and green transportation industries. A perennial leader in U.S. and global M&A, the Firm has advised these clients on strategic M&A, other types of financing, and joint venture and other corporate transactions.

3M

S&C represented the financial advisor to 3M in its $1.35 billion acquisition of CUNO, a world leader in the design and manufacture of fluid and filtration products for use in the healthcare, industrial and drinking water markets.

American Ref-Fuel Holdings

S&C represented the financial advisor to Danielson Holding Corp., owner of Covanta Energy Corp., a leader in renewable energy and waste disposal in the U.S., in its $1.9 billion purchase of American Ref-Fuel Holdings, an owner and operator of waste-to-energy facilities in the Northeast United States.

CFF Recycling

S&C represented CFF Recycling in its $3.2 billion acquisition of Penauille Polyservices. CFF specializes in the recycling and re-use of various metals and end-of-life consumer goods, including cars and electric and electronic equipment.

American Water Works

S&C represented the financial advisor to American Water Works, Inc., one of the largest water utility holding companies in the U.S., in its acquisition by German multi-utility RWE AG.

AWG plc

S&C advised Canada Pension Plan Investment Board on the debt financing for the acquisition of AWG plc, a U.K. provider of water and wastewater services, by its subsidiary company Osprey Acquisitions Limited.

Osmonics

S&C represented the financial advisor to Osmonics, a manufacturer of water purification and fluid filtration equipment, in its acquisition by General Electric.

Suez

S&C has advised on numerous strategic transactions involving the French energy and water conglomerate Suez S.A. and its affiliates, including representing the financial advisor to Suez in its sale of Ondeo Nalco Company to a consortium comprised of The Blackstone Group, Apollo Management, L.P., and Goldman Sachs Capital Partners; Suez in the acquisition of a Swedish waste business; SITA, the waste services division of Suez, in SITA’s and Rhodia’s acquisition of Ensco and in SITA’s joint venture with Rhodia; Suez in connection with an abandoned NTL transaction; Suez in the acquisition of an Austrian electric company; English China Clays in its sale of Calgon to Suez; SITA in Suez’s acquisition of a minority interest in SITA; SITA and Suez in the acquisition of the international waste business of Browning-Ferris Industries Inc.; Suez in the merger of General Waterworks Corp. and United Water Resources; and Suez in its acquisition of General Waterworks Corp. S&C is currently advising a financial advisor in the merger of Suez with Gaz de France.

Utilities Inc.

S&C represented the financial advisor to Utilities Inc. in its acquisition by Nuon, an environmentally focused energy delivery company in the Netherlands.