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Vinson & Elkins represented Energy Vault Inc. in an approximately $28 million loan and subsequent note purchase in connection with the financing of the Calistoga Resiliency Center project, a hybrid hydrogen and battery energy storage and hydrogen fuel cell electrical power generation facility located in Calistoga, California and capable of delivering 8.5 MW peak power and 293 MWh over a 48-hour period without refueling while generating.
Vinson & Elkins advised Atlas Energy Solutions, Inc. (“Atlas”) in the negotiation and execution of a definitive agreement to acquire all of the outstanding capital stock of Moser Acquisition, Inc. (“Moser Energy Systems” or “Moser”), a leading provider of distributed power solutions, in a transaction valued at $220 million.
Vinson & Elkins announced today that it has expanded its corporate and finance practices in London with the addition of leading practitioner Chris Taufatofua, who joins the firm from Milbank.