Debevoise & Plimpton LLP is advising Schneider Electric, a global leader in the digital transformation of energy management and automation, in its acquisition of a strategic 30 percent stake in Uplight, Inc., the technology partner of energy providers transitioning to clean energy. The transaction values Uplight at approximately $1.5 billion. For more information, please see the company’s press release.

The Debevoise team is led by M&A partner Paul Bird and includes associates Spencer Gilbert, Carolina De Barros and Joshua DeBarba, employee benefits partner Jonathan Lewis and associate Wendy Widman, tax partner Gary Friedman and associate Benjamin Friedman and antitrust partner Timothy McIver and associate Megan MacDonald.