Vinson & Elkins advised Buckeye Partners, L.P. in its acquisition of a 270 MW, construction-ready solar project from OCI Solar Power, LLC.
Vinson & Elkins advised Buckeye Partners, L.P. in the acquisition of a solar development project in Hill County, Texas from leading renewable energy developer, Dallas-based Belltown Power Texas, LLC.
Vinson & Elkins advised funds managed by affiliates of Apollo Global Management, Inc. in connection with an agreement with Arthur Kill Terminal LLC for the exclusive right to invest in the Arthur Kill Terminal project, a major offshore wind energy staging and assembly port under development in Staten Island, New York.
Vinson & Elkins represented Blackstone Credit in the formation of a $150 million exclusive financing agreement for the development of microgrid projects between its portfolio company, ClearGen, LLC, and Verdant Microgrid, LLC, a leading clean energy development company.
Vinson & Elkins advised Blackstone Credit in connection with a strategic partnership between GreenStruxure, a joint venture of Schneider Electric and Huck Capital, and ClearGen, a Blackstone portfolio company, that will accelerate the ability for commercial and industrial customers to transition to cost-effective, sustainable and resilient energy. Through this partnership, GreenStruxure will develop and operate highly standardized on-site renewable energy microgrid systems. ClearGen will provide the capital to develop the assets through a $500 million commitment of long-term capital provided by funds managed by Blackstone.
Vinson & Elkins advised Accelerate Real Asset Management, a Dallas-based real asset platform, in connection with a $500 million joint venture to invest in renewable energy infrastructure. Activate Renewables will acquire real estate and royalty interests associated with utility-scale solar, wind and energy storage facilities located across the United States.
Vinson & Elkins is advising 8 Rivers Capital, LLC, (8 Rivers) in connection with two clean energy projects announced on April 15, 2021.
Vinson & Elkins advised Buckeye Partners, L.P. and Nala Renewables in connection with their acquisition of a majority interest in Swift Current Energy, a leading North American clean energy development and investment platform.
Vinson & Elkins advised the underwriters in connection with ECP Environmental Growth Opportunities Corp.’s (the Company) closing of its initial public offering of 34,500,000 units, which included the full exercise of the underwriters’ over-allotment option, at a price of $10.00 per unit, resulting in gross proceeds of $345,000,000. The offering closed on Feb. 11, 2021.
Vinson & Elkins advised Hygo Energy Transition Ltd. (“Hygo”) in connection with a definitive agreement for New Fortress Energy Inc. to acquire Hygo, a 50-50 joint venture between Golar LNG Limited and Stonepeak Infrastructure Fund II Cayman (G) Ltd., a fund managed by Stonepeak Infrastructure Partners and Golar LNG Partners, LP. The transaction is valued at a $3.1 billion enterprise value and a $2.18 billion equity value.
Vinson & Elkins advised global investment firm The Carlyle Group in a strategic growth investment through a $374 million commitment to Amp Solar Group, Inc., a Canadian-based global renewable energy infrastructure developer, owner and manager. Since 2009, the Company has successfully developed over 1.8 gigawatts of distributed and utility-scale renewable generation projects, hybrid generation plus storage projects, and stand-alone battery storage projects around the world.
Vinson & Elkins advised funds managed by affiliates of Apollo Global Management, Inc. in connection with the formation of a joint venture with Altius Minerals Corporation’s subsidiary, Altius Renewable Royalties (“Altius”), to accelerate the growth of Great Bay Renewables, the US-based operating subsidiary of Altius and a leading provider of renewable energy development capital in North America.