Milbank LLP advised iCON Infrastructure VI, L.P. (“iCON VI”) on its agreement pursuant to which the equity interests of BBH Capital Partners and Allegheny Financial Group in Utility Pipeline Ltd. (“UPL”) will be transferred to entities owned by iCON VI. iCON VI is advised by iCON Infrastructure LLP, which advises funds that invest across a range of infrastructure sectors including essential utilities, power generation, distribution and storage, healthcare, transportation and telecommunications.
UPL is a provider of natural gas distribution and related services to residential, commercial, industrial and government customers across rural and suburban areas of Ohio, Pennsylvania, Indiana, Virginia and West Virginia.
The Milbank team was led by Global Corporate/M&A partner and co-head of Milbank’s Global Infrastructure practice John Franchini, Global Corporate/M&A partner Aaron Stine and special counsel Daniel Tyrrell, along with associates Anthony Zurcher and Bobby Sommers.
