Energy: Electricity (Transactional)
Global Guide 2024 : USA
Band 1
About
Provided by Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates
Transactions
Skadden is one of the very few large, corporate law firms with a significant energy practice (both transactional and regulatory), which complements our leading M&A experience. Our firm has been engaged in a broad range of energy-related transactions, including M&A, asset auctions, joint ventures, strategic alliances, corporate and project financings, and project developments. Our corporate and energy attorneys represent a broad array of public and private companies, PE firms, investment banks, government entities, infrastructure funds, commercial banks and other lenders, and other institutions in the energy sector. We have handled numerous multibillion dollar transactions, including some of the most noteworthy U.S. electric and gas utility transactions over the last 20 years. We also have represented clients on a broad range of middle-market acquisitions, dispositions and financings.
Regulatory
Our Energy Regulation and Litigation Group is consistently ranked among the leading practices by Chambers and Legal 500. The group has been described in Chambers USA as “Outstanding, the best of the best, the gold standard” … with a “very broad and deep bench of outstanding attorneys” “the gold standard” and, further, that “Skadden is an absolute powerhouse. … A true juggernaut practice.” Our leading role is due to the depth and breadth of our group’s experience in this area and the prominence of its practitioners, including former high-ranking government officials.
Chambers Review
Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates is a distinguished power practice. Represents US and global energy market participants, including public and private companies, private equity firms, investment banks and governmental entities. Particularly esteemed for big-ticket utility M&A deals. Also brings expert capability in holding company reorganizations, asset auctions and joint ventures.
Work Highlights
- Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates represented Brookfield in its USD2.4 billion acquisition of a 19.9% stake in FirstEnergy Transmission.
Strengths
Provided by Chambers
"Within the ecosystem of Skadden, there is always an expert for complex and sophisticated matters."
"The Skadden team is creative and well informed. They are on top of all the relevant issues."
"The firm has a really strong and knowledgeable bench."
"Within the ecosystem of Skadden, there is always an expert for complex and sophisticated matters."
"The Skadden team is creative and well informed. They are on top of all the relevant issues."
"The firm has a really strong and knowledgeable bench."
Notable Practitioners
Pankaj Sinha has tremendous experience across the nuclear, renewables and traditional power sectors. His expertise is frequently sought in sales and license transfers for decommissioning nuclear plants as well as acquisitions and sales in the renewables space.
"Pankaj is a great M&A lawyer. He has very good industry knowledge in the power sector and strong expertise."
Eric Otness is a Houston-based partner with a strong transactional practice, frequently handling M&A, joint ventures and refinancing matters.