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ClearEdge Power Announces Acquisition of UTC Power Corporation's Equity Interests

Paul, Weiss client ClearEdge Power, Inc., a subsidiary of Kohlberg Ventures LLC, announced that it has acquired all of UTC Power Corporation's equity interests from United Technologies Corporation. UTC Power Corporation is a holding company in the business of the design, development, manufacture, sale and installation of aftermarket support for fuel cell products and technology used in stationary energy applications.

The Paul, Weiss team included corporate partner Angelo Bonvino and counsel Didier Malaquin; tax partner Brad Okun; employee benefits counsel Reuven Falik; intellectual property partner Charles Googe; and environmental partner Gaines Gwathmey.

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