Chadbourne & Parke LLP is representing CoaLogix Inc. in connection with the sale of the company for $101 million. The sale, announced on July 29th, was to funds managed by Energy Capital Partners, a U.S.-based private equity firm focused on the energy infrastructure industry.

CoaLogix provides innovative services to coal-fired generating facilities to reduce their environmental footprint through technology, optimization and efficiency improvements. CoaLogix owns SCR-Tech, LLC which is the leading provider of selective catalytic reduction (SCR) management services and catalyst regeneration technologies used by coal-fired power plants to reduce nitrogen oxides (NOx) emissions. Currently, coal-fired power plants contain approximately $1.5 billion of catalyst in their SCR systems. CoaLogix also owns CoaLogix Tech, which is a provider of SO3 mitigation systems to coal-fired power plants. CoaLogix integrates leading-edge technologies, a highly skilled workforce, and more than 160 years of combined senior management experience in the environmental and power generation industries to provide innovative, cost-effective solutions that help customers achieve and maintain compliance with increasingly stringent environmental regulations.

The sale price of $101 million is before certain adjustments, including for assumption of certain debt of CoaLogix. The closing of the transaction is subject to customary closing conditions, including the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. The transaction is expected to close within 45 days of signing.

Principal attorneys working on the deal for Chadbourne are partners Jonathan Melmed (M&A), Ted Markson (Tax), Marjorie Glover (Benefits) and David Roberts (Antitrust); and associates Jeffrey Patten (M&A) and Nicholas Scannavino (M&A).