Simpson Thacher is representing affiliates of KKR in connection with their acquisition of CapeOmega Gas Transportation AS (“CapeOmega”) together with Ocean Yield from Partners Group. CapeOmega is invested in ten LNG carriers operated by Knusten, a world leading owner and operator of LNG carriers. All vessels are employed on long-term charters to tier-one investment grade-rated energy companies, Shell, Engie and QatarEnergy.
Closing of the transaction is expected to occur during the second half of 2025.
The Simpson Thacher team includes Jiaying Zhang, Clare Gaskell, Gemma Cullen, Isabella Sullivan, Oliver Heighton, Steven Hood and Spandan Das (Corporate); Sarah Lindley and Oliver Rosshandler (U.K. Tax); Meredith Jones, Jasmine Hay and Mitchell Li (U.S. Tax); Owen Lysak, Joshua Price, Sam Zhu, Thomas Flament, Rebecca McNeill, Albert Murzakhanov, Nadia Finkel and Saenam Kim (Funds); and Etienne Renaudeau, Pauline Patat and Giovanna De Cristofaro (Antitrust). Simpson Thacher worked alongside BAHR, a leading Norwegian law firm.