Vinson & Elkins Advises Energy Vault on Approximately $18 Million Cross Trails Project Financing
Vinson & Elkins represented Energy Vault Inc. in an approximately $18 million loan in connection with the financing of the Cross Trails project, a battery energy storage system located in Snyder, Texas, and capable of delivering approximately 57 MW peak power and 114 MWh of energy storage capacity.
The Vinson & Elkins team was led by partners Jenny Speck and Leila Ravi, with assistance from associates Darren Fox, Fon Kunanusorn, and Benjamin Wilken. Other key team members include partner Tzvi Werzberger and counsel Carter Olson and Noelle Alix; partners Wendy Salinas and Lina Dimachkieh and senior associate Lauren Nieman; counsel Scot Dixon; partners Winston Skinner and Jeffrey Jakubiak and associate Kris Hildebrand; counsel Heather Reynolds Johnson and senior associate Nicole Waterstradt; partner Matt Dobbins and associate Alexis Boyd; counsel Rajesh Patel and senior associate Haley Titcomb; and partner Joyce Adetutu and counsel Brian Howard.
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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 13 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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