The Firm represented Riverstone Credit Partners, L.P. in connection with its investment in Imperium3 New York, Inc. (“iM3NY”). Proceeds from loans provided by Riverstone will be used to fund the development and construction of a lithium-ion battery Gigafactory in Endicott, New York using proprietary technology.
iM3NY is a leading technology company in lithium-ion battery products incorporating cutting-edge cathode technology developed in partnership with Charge CCCV LLC under an exclusive licensing agreement.
The Simpson Thacher team included Matthew Einbinder, Amy Beller, Margaret Selbe and Grant Gannon (Credit); Shamus Crosby, Ana Sanchez, Kyle Kreshover and Dustin Cooper (M&A); Sophie Staples, Jasmine Hay and Edward Grais (Tax); Lori Lesser and Kate Mirino (IP); Timothy Gallagher, Dennis Loiacono and Stephanie Brenner (Real Estate); Michael Isby (Environmental); Jonathan Pall (Collateral); and Jeanne Annarumma (ERISA).