The Firm is representing Kohlberg Kravis Roberts & Co. L.P. in connection with its sale of Coriance Groupe SAS, a French district heating company, which will be acquired by First State Investments managed infrastructure funds. The proposed transaction is subject to customary approvals. Coriance operates a portfolio of 29 regulated district heating concessions in France, under which it supplies heat to residential, social and commercial buildings, sells cogenerated electricity to state-owned utility EDF and also provides energy services in the heating sector.

The Simpson Thacher team includes Alvaro Membrillera, Wim De Vlieger, Manuela González-Arias and Spencer Patton (M&A); and David Vann and Étienne Renaudeau (Antitrust).