© 2013 The Texas Lawbook.
By Brooks Igo
Staff Writer for The Texas Lawbook
Carlos Solé and Jeremy Kennedy are the newest members of Baker Botts’ domestic and international energy transactional team. The two partners, previously at DLA Piper, will be based in the firm’s Houston office.
Solé and Kennedy represent multinational energy companies, state-owned enterprises and private equity interests in energy-related projects and transactions in the electric power and oil and gas sectors. They also have extensive experience advising clients on cross-border matters in Latin America.
“The addition of Carlos and Jeremy not only increases the depth of our international power projects practice, it extends its scope substantially in Latin America and thereby reinforces our market-leading position,” said Jamie Baker, chair of the firm’s Global Projects department, in a press release announcing the hires.
Solé expects continued inflow of foreign capital in the U.S. this year with shale plays staying hot. Kennedy agrees, adding that we should continue to see more energy mergers and acquisitions as the United States’ regulatory climate for energy deals and oil and gas remains fairly friendly.
A graduate of The University of Texas School of Law with nearly 20 years of experience, Solé has advised clients on project finance and M&A transactions involving renewable energy and fossil-fuel power plants, LNG projects and upstream and downstream oil and gas assets.
While at DLA Piper in 2010, Solé represented Globeleq Mesoamerica Energy in its $210 million
project financing with the U.S. Export-Import Bank and the Central American Bank for Economic Integration for the 102 MW Cerro de Hula Wind Power Project in Honduras. At the time, it was the largest wind farm in Central America.
Kennedy, a graduate of Texas Tech University School of Law with 10 years of practice, has focused on similar matters and also brings experience involving midstream oil and gas assets and other maritime projects in the energy industry.
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