Vinson & Elkins Represents Stonepeak in Acquisition of Texas Solar Project
Vinson & Elkins advised Stonepeak, a leading alternative investment firm focused on infrastructure and real assets, in its acquisition from Repsol of a 43.8% interest in the Outpost solar project (629 MW) located in Webb County, Texas.
The transaction implies a valuation for the Outpost project of approximately $775 million. The deal marks Stonepeak’s second partnership with Repsol in the U.S. renewables sectors this year.
The Vinson & Elkins team was led by partner Matt Falcone and senior associate Jordan Fossee, with assistance from associates Mimi Nguyen, Brian Park, and Will Sladic. Other key team members include partners David Peck and Lauren Collins; partners Aaron Prince, Eamon Nolan, and Tzvi Werzberger and counsel Zach Banks and Carter Olson; counsel Hal Taylor; partner Jennifer Cornejo; partners Jeffrey Jakubiak and Winston Skinner; partner Evan Miller.
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