ProEnergy Raises $100M From ACON and Eos Partners

Winston & Strawn represented Eos Partners and ACON Investments in connection with their equity investment in ProEnergy Holdings, a supplier of gas-turbine services. The proceeds will be used to expand ProEnergy’s business as demand for new gas-fired power plants continues to rise. ACON Investments and Eos Partners provided equity for the transaction, while J.P. Morgan Chase & Co., U.S. Bancorp, Fifth Third Bank, and PNC Bank provided additional financing.

The deal team was led by partners Dom DeChiara, Brad Vaiana, and Bryan Goldstein.