Weil Advises Blackstone as Controlling Shareholder of Vivint Solar in its $3.2 Billion Sale to Sunrun

Weil is advising The Blackstone Group as controlling shareholder of Vivint Solar, a leading full-service residential solar provider, in its sale to Sunrun Inc. in an all-stock transaction that values Vivint on an enterprise basis at $3.2 billion. The transaction is expected to close during the fourth quarter of 2020 and is subject to regulatory approvals and other customary closing conditions.

The Weil team advising Blackstone is led by Private Equity partner Christopher Machera and Antitrust partner Steven Newborn, and includes Antitrust partner Megan Granger and Private Equity associate Joshua Whitford. The team also includes Tax partner Mark Schwed; Public Company Advisory Group Co-Head Howard Dicker and partner Adé Heyliger.