trending Market Intelligence /marketintelligence/en/news-insights/trending/Iic1S6sX2RELy0J7V3lmyA2 content esgSubNav
In This List

I Squared Capital, Twenty First Century Utilities enter strategic partnership

Blog

Corporate Credit Risk Trends in Developing Markets: An Expected Credit Loss (ECL) Perspective

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Essential Energy Insights, May 2021

Video

COVID-19 Impact & Recovery: Energy Outlook for H2 2021


I Squared Capital, Twenty First Century Utilities enter strategic partnership

I Squared Capital's ISQ Global Infrastructure Fund II LP has acquired Twenty First Century Utilities LLC's pipeline of investment opportunities as part of their new exclusive, strategic partnership.

Washington, D.C.-headquartered Twenty First Century Utilities, or TFC, is a privately held development and asset operations firm active in the North American power and utilities sectors. TFC is one of the many potential suitors interested in buying Santee Cooper, which is legally known as the South Carolina Public Service Authority.

The current managing partners of TFC, Larry Kellerman and Peter Corsell, will join I Squared Capital as managing directors. TFC will continue as a standalone company.

White & Case LLP and Gibson Dunn & Crutcher LLP advised I Squared Capital, while Akin Gump Strauss Hauer & Feld LLP advised TFC on the transaction.