Vinson & Elkins Advises Beaver Lake Renewable Energy on Long-Term Carbon Removal Unit Agreement with Microsoft
Vinson & Elkins advised Beaver Lake Renewable Energy LLC (“Beaver Lake”), a subsidiary of C2X LTD (C2X), in connection with a long-term agreement with Microsoft for the sale and purchase of high-quality engineered carbon removal units (“CRUs”) from the Beaver Lake project in Louisiana.
Under the agreement, Beaver Lake will deliver 3.6 million high-quality engineered CRUs to Microsoft over a 12-year period.
The Vinson & Elkins team was led by partners Alan Alexander and Jenny Speck and senior associate Guy Waldron, with assistance from associate Kelly McGee.
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