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SMT Energy Enters Into Partnership With SUSI Partners to Own and Operate U.S. Battery Energy Storage Projects

Deals & Cases
August 17, 2022
Smt Energy Enters Into Partnership With Susi Partners To Own And Operate U.S. Battery Energy Storage Projects Background Image
Deals & Cases
August 17, 2022

Vinson & Elkins advised SUSI Partners AG (“SUSI”), a leading Swiss-based sustainable energy infrastructure fund manager, in connection with an agreement with SMT Energy LLC (“SMT”), an experienced developer and operator of renewable energy and energy storage projects in the U.S., to jointly develop, own and operate multiple battery energy storage systems (“BESS”) in the United States.

The SUSI-SMT partnership incorporates a ready-to-build portfolio of ten standalone BESS projects in South Texas, with a combined capacity of 100 MW. A copy of the press release is below.

The V&E team was led by partner Danielle Patterson, with assistance from senior associate Caroline Kuehn and associates Kara Chung and Brian Broussard as well as senior associate Josh Singer. Other key team members were counsel Scot Dixon; partners Jason McIntosh and Lauren Collins and associate Sarah Coe; partner Matt Dobbins and senior associate Lindsay Hall; and partner Mike Tomsu.

About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 11 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.

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