CDT Roundup: 13 Deals, 14 Firms, 130 Lawyers, $5.4B

Any time corporations regroup, focusing on assets that hold the most promise in their portfolios, there is opportunity for M&A.

That was certainly the case for the Corporate Deal Tracker’s top two transactions this week: American Electric Power’s sale of its 1,365-megawatt renewables portfolio to a partnership owned by Invenergy, Canadian investment group CDPQ and Blackstone Infrastructure, for $1.5 billion; and Chesapeake Energy Corp.’s shedding of a portion of its remaining Eagle Ford properties to London-based Ineos Energy for $1.4 billion.

In AEP’s case, the sale wasn’t a secret. The Columbus, Ohio-based utility giant announced its plan to sell the assets this past February and launched a competitive bidding process in August. Instead, it wants to invest some $40 billion over the next five years in its regulated wires and generation business, focusing on adding 17,000 megawatts of new generation and more “resilient, efficient” transmission and distribution infrastructure, it said.

Julien Dumoulin-Smith and Paul Zimbardo, who follow AEP for BofA Securities, think the sale price of just under $1,000 per kilowatt was as expected given the composition of the portfolio and lack of development assets, but remain neutral on the stock.

Meanwhile, partner Stephen Noh from Kirkland & Ellis worked on two deals this week: as co-lead advising Quantum Energy Partners and Bison Oil & Gas on their commitment of $500 million to Bison Oil & Gas Partners IV, which has already made multiple purchases in the DJ Basin; and leading a group advising on Copenhagen Infrastructure Partners’ acquisition of a majority stake in a blue ammonia project to be developed with Sustainable Fuels Group along the Gulf Coast.

Noh was hired away from Baker Botts as an associate in October 2020 and made partner a year later. He went to Rice University as an undergrad, majoring in economics and sports management (he was a walk-on safety for Rice’s football team), and the University of Virginia for law school. Certainly one to watch.

The week ending Feb. 25 saw 13 deals for $5.4 billion with 12 M&A transactions for $4.2 billion and 1 capital markets issue of $1.2 billion. That lands in the same neighborhood as the week prior with 14 deals valued at $5.7 billion and the same week last year with 12 deals at $5.1 billion.

Weekly Corporate Deal Tracker Roundup Stats

A compilation of weekly stats from The Lawbook's CDT Weekly Roundup
(Deal Values in Millions)

Week Ending	Deal Count	Amount	Firms	Lawyers	M&A Count	M&A Value $M	CapM Count	CapM Value $M
23-Nov-24	15	$4,553	15	145	11	$3,379	4	$1,174
16-Nov-24	17	$11,488	11	245	13	$10,186	4	$1,303
09-Nov-24	14	$2,110	12	139	12	$1,410	2	$700
02-Nov-24	12	$52,788	11	107	11	$52,738	1	$50
26-Oct-24	8	$3,160	8	65	7	$3,065	1	$75
19-Oct-24	12	$5,304	11	136	11	$4,554	1	$750
12-Oct-24	17	$8,438	12	150	15	$8,116	2	$322
05-Oct-24	22	$23,181	12	189	15	$19,980	7	$3,201
28-Sep-24	11	$2,356	7	144	7	$53	4	$2,303
21-Sep-24	12	$9,568	10	169	5	$4,101	7	$5,467
14-Sep-24	24	$10,988	12	235	16	$7,175	8	$3,813
7-Sep-24	12	$20,420	16	168	11	$20,307	1	$112.9
31-Aug-24	13	$20,631	9	134	12	$14,775	1	$5,856
24-Aug-24	19	$8,452	21	325	16	$7,102	3	$1,350
17-Aug-24	25	$49,196	16	304	11	$39,386	14	$9,810
10-Aug-24	20	$12,264	15	312	16	$9,794	4	$2,470
03-Aug-24	26	$16,498	16	334	18	$8,137	8	$8,361
27-Jul-24	19	$16,442	21	271	15	$13,838	4	$2,604
20-Jul-24	15	$16,016	14	184	10	$14,232	5	$1,784
13-Jul-24	20	$17,220	14	265	18	$7,146	2	$10,074
6-Jul-24	11	$3,941	11	95	8	$2,650	3	$1,291
29-Jun-24	14	$6,296	15	224	8	$6,296	6	$1,927
22-Jun-24	12	$5,679	8	137	5	$210	7	$5,469
15-Jun-24	13	$9,895	16	214	10	$5,280	3	$4,615
8-Jun-24	19	$23,859	13	239	12	$19,436	7	$4,423
1-Jun-24	12	$34,510	11	147	9	$26,110	3	$8,400
25-May-24	13	$9,684	15	171	10	$4,434	3	$5,250
18-May-24	11	$5,490	11	173	8	$3,129	3	$2,361
11-May-24	22	$14,855	14	227	16	$11,105	6	$3,750
4-May-24	13	$3,139	9	87	10	$1,297	3	$1,842
27-Apr-24	10	$6,684	6	28	10	$6,684	0	0
20-Apr-24	19	$15,989	11	147	9	$5,208	10	$10,781
13-Apr-24	13	$8,952	9	76	10	$1,652	3	$7,300
6-Apr-24	22	$22,616	14	222	14	$13,501	8	$13,116
30-Mar-24	12	$9,286	8	136	8	$4,299	4	$4,987
23-Mar-24	18	$5,451	17	266	16	$4,759	2	$692
16-Mar-24	21	$11,437	13	186	14	$9,316	6	$2,070
9-Mar-24	23	$4,695	21	218	19	$2,723	4	$1,972
2-Mar-24	20	$9,108	19	372	14	$4,558	6	$4,550
24-Feb-24	19	$16,382	12	248	15	$9,507	4	$6,875
17-Feb-24	16	$29,932	15	157	12	$29,216	4	$716
10-Feb-24	25	$10,750	17	196	19	$5,372	6	$5,379
3-Feb-24	12	$8,416	18	125	9	$3,416	3	$5,000
27-Jan-24	9	$8,165	9	87	8	$7,815	1	$800
20-Jan-24	14	$4,084	12	109	12	$3,219	2	$865
13-Jan-24	17	$33,588	12	256	12	$26,765	5	$6,823
6-Jan-24	8	$7,915	8	84	6	$7,265	2	$650
30-Dec-23	17	$14,599	12	99	15	$2,714	2	$11,885
23-Dec-23	23	$4,182	13	219	16	$1,813	7	$2,370
16-Dec-23	13	$16,436	13	280	7	$15,150	5	$1,286
9-Dec-23	26	$14,633.90	17	244	16	$8,095	10	$6,538.90
2-Dec-23	13	$6,720	9	57	12	$6,630	1	$90
25-Nov-23	9	$4,835	9	131	6	$1,785	3	$3,050
18-Nov-23	22	$6,568.70	17	184	14	$4,709.20	8	$1,859.50
11-Nov-23	15	$9,825	13	179	12	$6,581	3	$3,244
4-Nov-23	15	$20,582.50	14	193	12	$19,417.50	3	$1,165
28-Oct-23	18	$68,419.10	18	152	15	$66,646	3	$1,773.10
21-Oct-23	16	$6,755.90	16	165	15	$6,755.90	1	$3
14-Oct-23	14	$67,851.20	13	125	9	$61,998.50	5	$5,852.70
7-Oct-23	17	$6,595.50	13	228	16	$5,995.50	1	$600
30-Sep-23	17	$1,896.45	13	189	14	$806.45	3	$1,090
23-Sep-23	23	$6,432.70	17	230	16	$1,402.80	7	$5,029.90
16-Sep-23	25	$23,226.70	23	353	16	$17,239	9	$5,987.70
9-Sep-23	12	$6,369	8	102	7	$4,311	5	$2,058
2-Sep-23	14	$2,522	6	92	13	$1,322	1	$1,200
26-Aug-23	17	$12,160.25	13	202	15	$6,573.25	2	$5,587.00
19-Aug-23	19	$11,505	13	213	15	$11,255	4	$250
12-Aug-23	19	$9,698.80	13	184	7	$3,270	12	$6,428.80
5-Aug-23	13	$5,201	12	118	12	$5,051	1	$150
29-Jul-23	15	$21,031.60	13	196	11	$18,292.00	4	$2,739.60
22-Jul-23	18	$3,992	12	130	13	$2,808	5	$1,184
15-Jul-23	13	$8,254.95	13	81	13	$8,254.95	0	0
8-Jul-23	16	$5,441.45	12	172	11	$2,443	5	$2,998.45
1-Jul-23	16	$6,872	10	105	12	$5,474	4	$1,398
24-Jun-23	13	$10,914	16	201	10	$7,874	3	$3,040
17-Jun-23	17	$5,880.70	15	151	15	$4,705.70	2	$1,175
10-Jun-23	19	$8,516.10	13	111	16	$6,252.40	3	$2,263.70
June 3 2023	12	$6,104.42	12	138	8	$4,256.92	4	$1,847.50
27-May-23	17	$12,200	10	67	11	$6,165	6	$6,035
20-May-23	11	$22,458.10	8	103	4	$19,455	7	$3,003
13-May-23	12	$7,034	10	101	8	$5,460	4	$1,574
6-May-23	20	$3,297.60	18	196	17	$2,985.60	3	$312
29-Apr-23	23	$3,691.20	18	135	17	$1,969.70	6	$1,721.50
22-Apr-23	16	$5,570	14	104	14	$4,750	2	$1,000
15-Apr-23	12	$23,818.10	9	59	10	$21,618.10	2	$2,200
8-Apr-23	16	$7,949	9	173	9	$5,472	7	$3,477
1-Apr-23	21	$18,676.70	12	175	11	$10,926.70	10	$7,750
25-Mar-23	15	$8,779.50	10	141	5	$2,362	10	$6,416.50
18-Mar-23	7	$14,048.80	6	69	5	$13,345	2	$703.80
11-Mar-23	21	$11,576	16	165	16	$8,131	5	$3,445
4-Mar-23	20	$9,668	11	228	16	$8,209	4	$1,459
25-Feb-23	13	$5,335	13	130	12	$4,235	1	$1,200
18-Feb-23	14	$5,743.70	13	158	8	$898.70	6	$4,845
11-Feb-23	16	$12,088	12	137	12	$9,965	4	$2,123
4-Feb-23	17	$8,066	15	140	13	$5,614	4	$2,452
28-Jan-23	7	$2,180	7	75	5	$1,692.75	2	$488
21-Jan-23	17	$5,768	16	174	12	$1,918	5	$3,850
14-Jan-23	11	$2, 800	10	102	8	$421	3	$2,400
7-Jan-23	18	$8,296	11	167	14	$6,461	3	$1,835
31-Dec-22	14	$2,732	11	99	12	$2,092	2	$640
17-Dec	14	$7,919	13	115	12	$7,419	1	$500
10-Dec-22	14	$10,093	12	88	11	$7,093	3	$3,000
3-Dec-22	26	$12,800.90	11	172	20	$4,141	6	$8,659.90
26-Nov-22	8	$2,266.70	8	5	3	$76	5	$2,190.70
19-Nov-22	21	$2,886	15	212	19	$2,550	2	$336
12-Nov-22	13	$15,093.70	9	81	9	$14,200	4	$893.70
5-Nov-22	25	19,337.20	16	509	22	$8,267.20	3	$11,070
29-Oct-22	15	$7,805.30	9	116	14	$7,180.30	1	$625
22-Oct-22	20	$8,193.50	13	253	13	$5,442	7	$2,751.50
15-Oct-22	9	$3,046.10	9	139	7	$2,588.30	2	$457.80
8-Oct-22	19	$2,011.80	12	114	16	$833.80	3	$1,178
1-Oct-22	23	$5,532.90	16	156	18	$4,952.30	5	$580.60
24-Sep-22	18	$5,194	14	216	15	$4,050	3	$1,144
17-Sep-22	21	$8,352.30	12	320	15	$4,759.60	6	$3,592.70
10-Sep-22	15	$19,853.50	10	126	13	$19,403.60	2	$450
3-Sep-22	9	$2,312	9	62	9	$2,312	0	0
27-Aug-22	16	$30,891.70	10	135	15	$30,666.40	1	227.7
20-Aug-22	12	$1,977	8	152	9	925	3	$1,052
13-Aug-22	18	$8,004.70	11	242	11	$2,844.70	7	$5,160
6-Aug-22	24	$7,948.90	12	240	17	$3,577	7	$4,371.90
30-Jul-22	8	$6,941	9	78	7	$6,839	1	$102
23-Jul-22	11	$801	11	92	10	$801	1	0
16-Jul-22	14	$3,650	10	122	14	$3,650	0	0
9-Jul-22	10	$3,557.70	7	68	9	$3,557.70	1	0
2-Jul-22	18	$8,609.40	13	152	15	$2,754.40	3	$5,855
25-Jun-22	15	$6,142	13	146	9	$2,017	6	$4,125
18-Jun-22	17	$11,890.10	14	228	15	$11,410	2	479.7
11-Jun-22	17	$7,600	12	123	10	$2,300	7	$5,300
4-Jun-22	12	$2,937	10	127	9	$692	3	$2,245
28-May-22	9	$3,197.60	11	86	9	$3,197.60	0	0
21-May-22	14	$7,284.50	12	185	11	$6,609	3	$675.50
14-May-22	11	$306.60	9	80	10	$306.60	1	$225
7-May-22	16	$10,451.75	12	108	12	$1,827	4	$8,624.75
30-Apr-22	16	$2,296.50	16	157	12	$895.50	4	$1,401
23-Apr-22	10	$2,241	11	58	8	$1,641	2	$600
16-Apr-22	11	$6,643	7	156	8	$2,359	3	$4,284
9-Apr-22	17	$4,429	14	184	11	$1,690	6	$2,739
2-Apr-22	13	$1,755	8	84	10	$1,145	3	$610
26-Mar-22	11	$3,205	8	65	6	$200	5	$3,005
19-Mar-22	13	$2,239.17	9	106	13	$2,239.17	0	0
12-Mar-22	18	$12,016	11	239	15	$11,965	2	$51.35
5-Mar-22	17	$6,786	13	137	13	$5,161	4	$1,625
26-Feb-22	12	$5,095	8	149	9	$4,437.50	3	$658
19-Feb-22	17	$22,229	17	174	14	$21,354	3	$875
12-Feb-22	12	$2,344.70	10	73	8	$641.70	4	$1,703
5-Feb-22	11	$2,503	8	99	11	$2,503	0	0
29-Jan-22	11	$3,872	12	101	12	$3,872	0	0
22-Jan-22	13	$5,143.50	10	99	12	$4,842.50	1	$301
15-Jan-22	12	$7,605	9	155	9	$6,480	3	$1,025
8-Jan-22	13	$8,256.20	11	102	13	$8,256.20	0	0
1-Jan-22	9	$1,273.80	6	50	9	$1,273.80	0	0
25-Dec-21	21	$4,734.75	11	176	16	$3,410	5	$1,324.75
18-Dec-21	26	$7,325.20	15	193	18	$3,640.20	8	$3,685.20
11-Dec-21	16	$5,017	10	109	13	$1,417	3	$3,600
4-Dec-21	14	$2,310	8	86	8	$2,310	6	$1,882.05
27-Nov-21	9	$3.460.1	10	101	6	$1,758	3	$1,702.60
20-Nov-21	20	$22,792	15	157	12	$18,864.50	8	$3,928
13-Nov-21	21	$26,729	12	178	13	$11,822	8	$14,907
6-Nov-21	12	$8,303	13	157	10	$6,682	3	$1,621
30-Oct-21	21	$10,368	15	218	15	$9,24.4	6	$1,103.00
23-Oct-21	21	$18.783.1	15	222	11	$12,314	10	$6,468.60
16-Oct-21	15	$3,868	11	118	15	$2,293	2	$1,575
9-Oct-21	20	$8,610	16	175	16	$7,795	4	$815
2-Oct-21	14	$6,250	11	137	10	$5,200	4	$1,050
25-Sep-21	11	$11,460	9	93	7	$10,200	4	$1,250
18-Sep-21	11	$16,603	8	99	8	$15,084	3	$1,519
11-Sep-21	17	$10,653	11	103	13	$8,503	4	$2,150
4-Sep-21	13	$7,222	10	89	11	$6,715	2	$507
28-Aug-21	12	$763	9	63	11	$663	1	$100
21-Aug-21	12	$29,659	7	79	11	$29,579	1	$80
14-Aug-21	22	$17,845	11	199	12	$12,805	10	$5,04
7-Aug-21	17	$13,670	12	139	15	$11,766	2	$1,904
31-Jul-21	21	$8,160	11	134	10	$3,574	10	$4,586
July 24,2021	21	$6,367	11	139	15	$3,712	6	$2,655
17-Jul-21	14	$4,009	11	124	12	$2,015	2	$1,994
10-Jul-21	16	$3,997	13	143	11	$1,597	4	$2,4
3-Jul-21	24	$7,492	13	94	16	$3,769	8	$3,722
26-Jun-21	10	$4,995	7	85	8	$3,847	2	$1,148
19-Jun-21	28	$16,830	8	228	9	$1,861	19	$14,968
12-Jun-21	26	$27,238	15	209	19	$25,602	7	$1,636
5-Jun-21	15	$15,539	13	100	13	$14,709	2	$600
29-May-21	35	$20,279	11	145	28	$18,64	7	$1,639
22-May-21	24	$53,208	14	174	17	$51,047	7	$2,161
15-May-21	18	$10,620	13	220	11	$5,870	7	$4,809
8-May-21	17	$10,400	11	156	15	$8,386	2	$2,500
1-May-21	21	$7,200	16	115	12	$3,808	9	$3,392
24-Apr-21	8	$20,200	9	31	8	$20,200	0	0
17-Apr-21	14	$6,270	8	102	11	$40,180	3	$2,260
10-Apr-21	15	$8,940	13	129	14	$7,990	1	$950
3-Apr-21	18	$19,513	10	151	12	$16,923	6	$2,590
27-Mar-21	27	$13,942	15	244	14	$4,300	13	$9,633.50
20-Mar-21	11	$2,046	4	102	3	$270	8	$1,776
13-Mar-21	15	$3,270	9	109	6	$538	9	$2,732
6-Mar-21	24	$13,617	10	196	13	$10,395	11	$3,222
27-Feb-21	19	$8,105	12	139	15	$4,970	4	$3,135
20-Feb-21	9	$8,820	9	153	8	$8,520	1	$300
13-Feb-21	12	$4,852.60	7	81	7	2,766	5	$2,086.60
6-Feb-21	18	$9,752	13	153	14	$5,222	4	$4,530
30-Jan-21	18	$9,449	9	182	15	$8,753.80	3	$695.30
23-Jan-21	14	$8,150	8	118	6	$4,000	8	$4,150
16-Jan-21	17	$6,783	13	138	11	$2,400	6	$4,382.90
9-Jan-21	22	$6,829	14	135	18	$3,139.30	4	$3,690
2-Jan-21	7	$1,466	7	60	7	$1,466	0	0
26-Dec-20	18	$15,900	12	163	16	$5,300	1	$600
19-Dec-20	18	$9,769	14	110	14	$8,426	4	$1,343
12-Dec-20	10	$7,200	9	100	9	$3,325	1	$3,830
5-Dec-20	15	$4,261	9	122	9	$2,780	6	$1,481
28-Nov-20	19	$7,758	10	110	13	$4,003	6	$3,755
14-Nov-20	14	$864.10	14	157	12	$289.10	2	$575
7-Nov-20	13	$6,332	9	129	9	$2,483.50	4	$3,849
31-Oct-20	10	$3,995.80	8	103	6	$3,231.10	4	$754.70
24-Oct-20	6	$18,100	6	58	5	$17,709	1	$350
17-Oct-20	8	$351.90	5	55	8	$351.90	0	0
10-Oct-20	7	$5,229	3	50	4	$735	3	$4,494
3-Oct-20	14	$21,428	9	173	9	$17,535	5	$3,893
26-Sep-20	10	$12,770	8	93	5	$10,300	5	$2,470
19-Sep-20	14	$8,365	9	101	6	$1,020	8	$7,345
12-Sep-20	6	$4,406	8	59	3	$1,270	3	$3,136
5-Sep-20	11	$5,191	8	117	9	$4,061	2	$1,130
29-Aug-20	11	$2,531	9	94	5	$1,130	6	$1,401
22-Aug-20	18	$6,574	12	140	7	$1,930	11	$4,644
15-Aug-20	13	$4,991	10	97	7	$1,216	6	$3,775
8-Aug-20	12	$32,092	11	112	9	$30,457	3	$1,635
1-Aug-20	7	$5,287	8	76	5	$3,687	2	$1,600
25-Jul-20	9	$18,751	6	67	7	$18,403	2	$348
18-Jul-20	6	$1,982.50	5	50	4	$1,407.50	2	$575
11-Jul-20	11	$565.10	12	75	10	$65.10	1	$500
4-Jul-20	10	$8,889	8	98	9	$8,788	1	$100.30
27-Jun-20	8	$6,874	10	50	5	$4,972.50	3	$2,081.50
20-Jun-20	12	$4,444	9	115	7	$2,829	5	$1,615
13-Jun-20	6	$3,582	4	37	2	$350	4	$3,232
6-Jun-20	11	$3,213.70	8	65	7	$470	4	$2,743.70
30-May-20	8	$7,335	7	48	6	$4,639	2	$2,697
23-May-20	4	$432.40	4	34	3	$432.40	1	0
16-May-20	6	$310	6	34	5	$310	1	0
9-May-20	18	$5,630	16	124	14	$3,180	4	$2,450
2-May-20	15	10,400	10	90	8	$1,900	7	$,8,500
25-Apr-20	8	$3,400	9	36	5	$1,000	3	$2,450
18-Apr-20	19	$9,500	14	92	8	$185.70	11	$9,360
11-Apr-20	12	$6,000	9	40	5	$190	7	$5,800
4-Apr-20	14	$8,200	11	68	10	$2,200	4	$6,000
28-Mar-20	16	$6,500	13	96	10	$3,700	6	$2,800
21-Mar-20	11	$11,910	7	33	7	$2,250	4	$9,960
14-Mar-20	7	809.8	6	34	6	684.8	1	125
7-Mar-20	16	$2,500	15	70	13	$669	3	$1,400
29-Feb-20	13	$15,260	13	128	11	$11,760	2	$3,500
22-Feb-20	12	$3,700	10	92	10	$2,560	2	$1,130
15-Feb-20	16	$1,250	10	84	12	$35	4	$1,222
8-Feb-20	18	$6,080	14	123	14	$2,595	4	$3,485
1-Feb-20	21	$20,900	12	101	14	$17,860	7	$3,060
25-Jan-20	13	$7,430	13	62	12	$6,430	1	$1,000
18-Jan-20	23	$9,580	15	120	19	$6,580	4	$3,000
11-Jan-20	21	$14,200	18	199	16	$1,020	5	$13,200
4-Jan-20	22	$6,400	11	119	16	$3,204	6	$3,245
28-Dec-19	22	$7,150	19	175	18	$6,800	4	$327.40
14-Dec-19	24	$36,300	23	167	19	$9,500	5	$26,800
7-Dec-19	11	$10,400	11	55	7	$1,082	4	$9,370
November 30. 2019	14	$2,450	12	126	12	$1,760	2	$692.50
23-Nov-19	16	$1,995	10	41	11	$615	5	$1,380
16-Nov-19	15	$3,820	13	135	11	$2,500	4	$1,271
9-Nov-19	25	$12,900	17	182	23	$12,200	2	$575
2-Nov-19	10	$2,470	12	61	9	2,450	3	$22
26-Oct-19	12	$5,560	14	70	11	$3,860	1	$1,700
19-Oct-19	8	$6,600	8	138	8	$6,600	0	0
12-Oct-19	19	$4,300	14	55	16	$3,800	3	$500
5-Oct-19	18	$14,500	19	166	15	$11,100	3	$3,400
28-Sep-19	19	$8,100	18	132	18	$7,560	1	$550
21-Sep-19	14	$6,300	16	66	11	$2,160	3	$4,170
14-Sep-19	15	$23,800	12	56	11	$21,250	4	$2,570
7-Sep-19	17	$3,500	15	98	14	$1,900	3	$1,600
31-Aug-19	5	$8,700	6	50	5	$8,700	0	0
24-Aug-19	16	$10,000	14	82	15	$4,250	1	$5,750
16-Aug-19	10	$1,680	5	52	7	$650	3	$950
9-Aug-19	17	$17,700	15	68	14	$3,900	3	$13,800
2-Aug-19	13	$5,760	12	108	13	$5,760	NA	NA
27-Jul-19	11	$7,300	13	76	8	$6,570	3	$730
20-Jul-19	13	$11,800	13	125	11	$5,300	2	$6,500
13-Jul-19	10	$775	7	46	8	$542.50	2	$233
6-Jul-19	7	$2,500	9	85	7	$2,500	0	0
29-Jun-19	23	$8,290	15	154	17	$2,300	6	$5,970
22-Jun-19	17	$10,700	10	139	14	$7,700	3	$3,000
15-Jun-19	11	$13,500	14	160	11	$13,500	NA	NA
8-Jun-19	13	$2,870	17	55	11	$1,570	2	$1,300
1-Jun-19	10	$4,460	11	60	8	$4,140	2	$315
25-May-19	17	$4,360	14	79	14	$3,700	3	$612
18-May-19	22	$9,000	17	150	16	$3,400	6	$5,600
11-May-19	18	$19,800	17	177	15	$18,300	3	$1,500
4-May-19	10	$7,075	6	32	8	$6,900	2	$175
27-Apr-19	15	$3,200	14	117	14	$3,160	1	$40
20-Apr-19	13	$13,500	10	90	9	$12,200	4	$1,300
13-Apr-19	16	$38,900	14	91	14	$37,800	2	$1,100
6-Apr-19	12	$6,870	11	94	10	$6,730	2	$50
30-Mar-19	15	$6,470	12	84	10	$7,91.5	5	$5,677
23-Mar-19	18	$6,450	14	91	14	$5,042	4	$1,408
16-Mar-19	14	$10,180	12	115	11	$8,800	3	$1,300
9-Mar-19	9	$1,800	6	49	8	$1,300	1	$500
2-Mar-19	20	$3,033	16	107	14	$1,817	6	$1,262
23-Feb-19	12	$2,040	8	69	9	$614.60	3	$1,430
16-Feb-19	16	$9,970	18	77	16	$9,970	0	0
9-Feb-19	14	$6,400	10	110	14	$6,400	0	0
2-Feb-19	18	$6,740	15	99	16	$5,720	2	$950
26-Jan-19	13	$2,770	11	67	11	$918.95	2	$1,850
19-Jan-19	15	$3,819	16	76	12	$2,594	3	$1,225
12-Jan-19	18	$7,283	14	92	15	$1,683	3	$5,600
5-Jan-19	10	$529	12	50	10	$529	0	0
22-Dec-18	17	$2,570	13	87	14	$941	3	$1,629
15-Dec-18	10	$2,860	8	26	8	$264	2	$2,600
8-Dec-18	15	$1,819	16	65	12	$552	3	$1,267
1-Dec-18	12	$7,500	10	90	9	$1,200	3	$6,200
28-Nov-18	15	$4,500	11	107	14	$4,000	1	$500
19-Nov-18	18	$6,137	13	98	13	$2,142	5	$3,995
14-Nov-18	18	$9,200	13	152	15	$8,500	3	$694
6-Nov-18	16	$17,300	16	183	14	$16,361	2	$950
29-Oct-18	14	$14,400	18	127	17	$13,800	1	$600
24-Oct-18	13	$6,140	13	126	11	$5,122	2	$1,018
17-Oct-18	18	$18,390	15	125	14	$12,292	4	$6,098
10-Oct-18	29	$3,149	18	104	20	$1,647	9	$819
2-Oct-18	18	$9,300	11	67	14	$7,300	4	$2,000
25-Sep-18	13	$7,000	11	75	10	$6,000	3	$995
18-Sep-18	9	$3,570	7	44	9	$3,570	0	0
11-Sep-18	13	$5,900	10	132	13	$5,900	0	0
7-Sep-18	14	$5,000	15	86	11	$4,000	3	$1,000
29-Aug-18	15	$20,700	14	79	13	$4,700	2	$16,000
20-Aug-18	10	$12,400	11	53	8	$11,380	3	$1,057
14-Aug-18	12	$19,900	12	132	9	$18,889	3	$1,011
7-Aug-18	16	$68,600	11	106	13	$67,259	3	$1,340
31-Jul-18	15	$15,100	15	95	11	$13,060	4	$2,060
23-Jul-18	13	$2,130	15	60	10	$1,804	3	$1,100
17-Jul-18	14	$5,370	17	98	9	$4,310	5	$1,100
9-Jul-18	16	$11,200	15	74	10	$11,080	6	$862
3-Jul-18	13	$7,000	7	81	12	$6,330	1	$750
25-Jun-18	15	$8,800	13	97	9	$4,970	6	$3,930
18-Jun-18	13	$14,200	14	80	7	$221	6	$14,290
11-Jun-18	12	$6,300	8	96	8	$5,910	4	$803
6-Jun-18	13	$14,500	10	88	8	$14,154	5	$579
31-May-18	11	$4,890	10	63	8	$3,240	3	$1,790
22-May-18	15	$20,400	11	63	9	$19,808	6	$885
15-May-18	15	$4,700	15	106	10	$3,900	5	$643
9-May-18	11	$1,400	13	88	9	$1,300	2	$560
1-May-18	8	$14,250	7	88	7	$13,400	1	$450
24-Apr-18	12	$5,300	6	61	11	$4,470	1	$800
17-Apr-18	9	$1,800	10	44	7	$2,330	2	$1,434
11-Apr-18	11	$2,500	8	32	6	$1,690	5	$809
3-Apr-18	15	$13,400	11	121	9	$12,020	6	$1,090
28-Mar-18	10	$4,000	10	92	7	$3,870	3	$215
19-Mar-18	17	$5,800	13	51	10	$590	7	$5,165
12-Mar-18	15	$3,130	11	43	11	$2,360	4	$788
6-Mar-18	19	$5,400	13	116	10	$1,530	9	$4,860
27-Feb-18	20	$6,600	13	69	14	$5,530	6	$1,030
19-Feb-18	15	$5,500	14	111	10	$3,990	6	$1,980
12-Feb-18	23	$10,900	17	157	12	$7,110	11	$3,840
5-Feb-18	16	$8,600	13	100	7	$1,330	9	$7,800
30-Jan-18	11	$12,600	11	68	5	$7,300	6	$4,982
24-Jan-18	19	$9,400	15	129	5	$2,010	14	$7,337
18-Jan-18	10	$6,280	8	49	2	$2,100	8	$4,188
9-Jan-18	12	$16,500	12	92	9	$15,890	3	$475
3-Jan-18	10	$2,500	9	47	8	$2,350	2	$150
27-Dec-17	15	$9,000	15	113	9	$7,568	6	$1,784
18-Dec-17	15	$13,800	16	164	9	$13,010	7	$1,118
11-Dec-17	14	$9,700	10	126	12	$2,940	4	$8,500
4-Dec-17	6	$1,800	6	31	5	$1,510	1	$300
28-Nov-17	7	$3,850	8	76	4	$3,260	3	$285
16-Nov-17	10	$2,700	10	48	6	$1,840	4	$856
8-Nov-17	15	$2,380	17	91	10	$1,860	5	$516
1-Nov-17	12	$4,700	17	94	9	$3,400	4	$1,300
23-Oct-17	15	$10,500	10	67	10	$9,780	4	$1,530
18-Oct-17	6	$2,000		37	3	$225	3	$1,820
10-Oct-17	12	$6,570		100	9	$3,880	3	$3,360
2-Oct-17	8	$3,100	11	19	3	$1,630	5	$1,750
25-Sep-17	8	$4,880	8	79	5	$2,660	5	$2,070
18-Sep-17	9	$4,770			3	$300	6	$4,470
12-Sep-17	11	$4,430			8	$2,030	3	$2,400
1-Sep-17	4	$1,310			3	$317	1	$1,000
23-Aug-17	11	$13,640	9		8	$11,840	3	$1,800

M&A/FUNDINGS

IRG buys renewables assets from AEP for $1.5B

Deal Description: American Electric Power announced Feb. 22 it agreed to sell its 1,365-megawatt unregulated, contracted renewables portfolio to IRG Acquisition Holdings, a partnership owned by Invenergy, Canadian investment group CDPQ and Blackstone Infrastructure, for $1.5 billion, which includes project debt. At the closing, AEP expects to net about $1.2 billion in cash after taxes, transaction fees and other adjustments. The transaction represents one of the largest, fully-operational renewables portfolios to come to market in years. Spanning 11 states, the assets include 14 projects consisting of 1,200 megawatts of wind and 165 megawatts of solar energy. The power is contracted under long-term agreements with other utilities, corporations and municipalities. 

Expected Closing: Q2 2023 if the deal clears regulators, including the Committee on Foreign Investment in the U.S.

AEP’s Financial Advisors: J.P. Morgan; Citigroup Global Markets

AEP’s Outside Counsel: Hunton Andrews Kurth led by M&A partners Steven Haas and Jim Kennedy in Richmond, Va., but including tax partner Robert McNamara in Houston

IRG’s Financial Advisor: BofA Securities

IRG’s Outside Counsel: Norton Rose Fulbright led by projects partner Sameer Ghaznavi in Chicago but including, from Texas, senior associate Megan Savage (Houston) and associates Erin Mitchell (Houston) and Geetika Jerath (Austin). Providing additional support: Madison Keeble, Lauryn Robinson, Lauren Thomas and Vanisha Weatherspoon (Austin), Luke Edney, Jesse Hollingsworth and George Khoukaz (Dallas) and Kat Gamache and Kevin Gieseke (Houston)

Invenergy’s Outside Counsel: Sidley including partners Tara Higgins in New York, Patrick Harrison in London, James Mendenhall in Washington, D.C., and Chaim Theil in New York but also Houston counsel Chris Folmsbee

Chesapeake sells Eagle Ford properties to Ineos for $1.4B

Deal Description: Chesapeake Energy Corp. announced Feb. 21 that it executed an agreement to sell a portion of its remaining Eagle Ford assets to London-based Ineos Energy for $1.4 billion. Chesapeake used outside counsel Haynes and Boone, which advised the oil and gas explorer previously, and Ineos tapped Holland & Knight. For more on the story, click here.

Eni Sustainable Mobility, PBF Energy announce $835M JV for St. Bernard Biorefinery

Deal Description: Eni Sustainable Mobility and publicly traded PBF Energy Inc. announced Feb. 16 they entered into definitive agreements to partner in a 50-50 joint venture, St. Bernard Renewables, for a biorefinery under construction near with PBF’s Chalmette Refinery in Louisiana. Upon consummation of the transaction, which has to clear regulators, Eni Sustainable Mobility will contribute capital totaling $835 million plus up to additional $50 million if the project achieves milestones and provides expertise in biorefining operations, supply and marketing. PBF will continue to manage project execution and serve as the operator once construction is complete. The biorefinery startup is set for the first half and the facility is targeted to have processing capacity of about 1.1 million tonnes per year of raw materials. It will produce mainly diesel made from hydrotreated vegetable oil with a production capacity of 306 million gallons per year. The biorefinery will use the Ecofining process developed by Eni with Honeywell UOP. Eni brings its experience that led to the world’s first conversion of a refinery into a biorefinery in Porto Marghera near Venice in 2014 and to the second converted biorefinery that has been working in Gela in Sicily since 2019. 

PBF’s Financial Advisor: Citi

PBF’s Outside Counsel: Willkie Farr & Gallagher led by partners Archie Fallon in Houston and Andres Mena in New York and counsel Jason Nasra in Houston and including counsel Emerson Girardeau and associates Joe Laurel and Monica Diddell, all of Houston

Quantum, Bison commit $500M to new entity, closing DJ Basin acquisitions

Deal Description: Quantum Energy Partners of Houston and the management of Denver-based Bison Oil & Gas announced Feb. 22 the formation of Bison Oil & Gas Partners IV with equity capital commitments of more than $500 million. Bison IV will focus on the acquisition and development of oil and natural gas assets in the Denver-Julesburg Basin of Colorado and Wyoming. Since inception, Bison IV has closed multiple acquisitions covering more than 75,000 net acres and with production in excess of 25,000 barrels of oil equivalent per day. Austin Akers, CEO of Bison IV, said in a statement he believes the DJ Basin has some of the most economic development opportunities in North America.

Quantum’s/Bison IV’s Outside Counsel: Kirkland & Ellis led by corporate partners David Castro, Cyril Jones, Stephen Noh and Alia Heintz, debt finance partners Will Bos and Chad Davis and tax partner Mark Dundon. Also advising were, from Texas, corporate partner John Pitts and associates Lauren Stelck, Jack Chadderdon, Brittany Scheier, Austin Johnson, William Kelly and John Ryan Isaacson; environmental partners Paul Tanaka and Jennifer Cornejo and associate Courtney Tibbetts; executive compensation partners Rob Fowler and Stephen Jacobson and associates Katherine Nemeth, Rebekah Kostelak and Kristen Franco; labor & employment partner Christie Alcala; and debt finance associates Michelle Williamson, Weston Kowert and Brandon Ricaurte

Notes: A year ago, Bison Oil & Gas sold Bison II to Civitas Resources for $346 million in cash and assumed debt. Bracewell advised Bison (led by Austin Lee) while Kirkland assisted Civitas (led by Doug Bacon).

HBS buys medical equipment planner OneEQ

Deal Description: HBS announced Feb. 13 it acquired OneEQ, the technology, medical planning and operational consulting unit of global architecture firm CallisonRTKL. Terms were undisclosed. HBS is a nationally recognized, single-source consultancy offering solutions to help healthcare, science/technology and higher education organizations bring new projects online. Founded 30 years ago, OneEQ’s team of 45 professionals, many of whom have clinical experience, brings long-standing relationships with some of the most recognized health, academic and research institutions in North America. HBS said the acquisition expands the services it offers across the building lifecycle, all of which can be bundled or applied individually. HBS is a platform investment of Latticework Capital Management, a Dallas-based private equity firm with $335 million of assets under management. The deal marks HBS’ fourth acquisition in the last 12 months.

HBS’/Latticework’s Outside Counsel: McGuireWoods led by Dallas-based partner Akash Sethi and included Dallas-based associates Erin Ball and Kyle Dudney as well as attorneys in Los Angeles and Chicago

Bernhard-backed Lemoine acquires Macro

Deal Description: Bernhard Capital Partners-backed Lemoine, a construction management and disaster recovery firm, announced Feb. 20 that it acquired Macro Cos., one of the largest emergency fuel and water suppliers in the world. Terms weren’t disclosed. Operating for nearly 100 years, Macro is a family-owned and operated business based in Broussard, La., that has responded to 150 disasters across the U.S. and in Puerto Rico and Haiti. The company manages and maintains the industry’s largest company-owned fleet of specialized fuel transportation and dispensing vehicles. Lemoine said the transaction strengthens its position as a global leader in emergency preparedness, disaster recovery and community resilience. The company operates four service lines: disaster services, building construction, program services and infrastructure. Lemoine’s acquisition of Macro, in addition to previous investments in Workforce Group and DCMC Partners, brings together 600 employees able to offer services to critical industries and governments preparing for and responding to natural disasters and emergencies. Macro’s services include potable water, military-grade, all-terrain and high-water vehicles, aviation fueling and electronic data capture on a mobile fueling application used during and after disasters. Richard McElligott will continue to serve as president of Macro and Bill McElligott as vice president. Bernhard was founded in 2013 by Jim Bernhard, former chairman and CEO of the Shaw Group, and Jeff Jenkins.

Lemoine’s Outside Counsel: Kirkland & Ellis led by corporate partner Bill Benitez and associates Alec Manzer and Brennon Nelson and included, from Texas, tax partner Mark Dundon, environmental transactions partner Ty’Meka Reeves-Sobers and executive compensation partner Stephen Jacobson

Notes: Kirkland’s Benitez has counseled Bernhard and its portfolio companies in the past, including United Utility Services on its acquisition of BHI Power Delivery from Westinghouse Electric Co.; its investment in Elevation; its acquisition of RailWorks Corp. from Wind Point Partners; and Atlas Technical Consultants on its $700 million merger with SPAC Boxwood Merger Corp.

Wafra, Post Road invest in Intermountain Infrastructure Group

Deal Description: Wafra Inc., a global alternative investment firm, announced Feb. 22 an investment in Intermountain Infrastructure Group, a fiber infrastructure developer and operator focused on providing bandwidth and route diversity to hyperscale, cloud, carrier and content customers. Terms weren’t disclosed. Post Road Group, an alternative investment advisory firm in Stamford, Conn., also participated in the transaction. The new partnership will help IIG accelerate its network deployment, including a new long-haul route in the intermountain region of the western U.S. Led by co-founder, president and CEO Jeff Yount and COO Brady Adams, IIG was founded in 2017 and owns long haul, regional and metro fiber networks in the U.S. and Canada, including Washington, Idaho, Montana, Illinois, Nevada, California, British Columbia and Alberta. New York-based Wafra has $31 billion of assets under management with investments in real assets, real estate and strategic partnerships. Post Road has $1.4 billion of assets under management and has invested and committed $2.3 billion in capital since its 2015 founding. 

Wafra’s Outside Counsel: Latham & Watkins and Covington & Burling; the Latham team was led by Houston and New York partner Ravi Purohit and Chicago and Boston partner Ian Bushner with Austin associate Cody Conwell. Advice was provided on debt finance matters by Houston partner Matthew Jones with associate Christopher Wood.

Post Road’s Outside Counsel: Orrick, Herrington & Sutcliffe

IIG’s Financial Advisor: Bank Street Group

IIG’s Outside Counsel: Holland & Knight

Notes: Latham’s Purohit also assisted Wafra on the acquisition of a controlling interest in renewable asset developer Mission Clean Energy this past October.

Lotus Infrastructure launches NeuVentus

Deal Description: Lotus Infrastructure Partners announced Feb. 16 the launch of NeuVentus, a newly established platform focused on developing and delivering hydrogen pipeline transportation and salt cavern hydrogen storage projects and related services that help to accelerate North America’s energy transition. Terms weren’t disclosed. Lotus Infra was formerly known as Starwood Energy. NeuVentus’ initial projects will be in the Texas Gulf Coast region, which Lotus said has abundant renewable energy production and hydrogen demand to support the growth of a clean hydrogen infrastructure platform. Once developed, NeuVentus’ projects will provide fee-for-service transportation and storage services for clean hydrogen, which will be a component for the adoption of hydrogen as an energy carrier and fuel. In addition to clean hydrogen and its derivatives like ammonia and methanol, NeuVentus will have the ability to provide transportation and storage services to adjacent industries, i.e. industrial gases. Lotus is a private equity investment firm based in Greenwich, Conn., that specializes in energy infrastructure investments. It has raised more than $3 billion of equity capital and executed transactions totaling over $9 billion in enterprise value. 

Lotus’ Outside Counsel: Vinson & Elkins led by partners Robert Hughes and Alan Alexander, senior associate Yong Eoh and associate Victoria Bahrami-Negad. Other team members included counsel Rajesh Patel (technology transactions/IP); partner Todd Way and associate Adam Bateman (tax); partner David D’Alessandro and associate Maddison Riddick (executive compensation/benefits); partner Sean Becker (employment/labor); and counsel Scot Dixon (real estate).

NeuVentus’ Financial Advisor: PEP Advisory

NeuVentus‘ Outside Counsel: Norton Rose Fulbright led by Becky Diffen and Geetika Jerath (Austin) with support, in Texas, from Chuck Powell (Houston) and Lauryn Robinson (Austin)

Milan Laser attracts investment from Sixth Street, Wildcat

Deal Description: Milan Laser Hair Removal announced Feb. 22 new strategic growth equity investments from Sixth Street and Wildcat Capital Management. Terms weren’t disclosed. Existing investor Leonard Green & Partners and the co-founders will keep a majority interest. The investment will support the acceleration of clinic expansion, marketing and business development. Founded in 2012 by Shikhar Saxena and Abe Schumacher in Papillion, Nebraska, the company has expanded to more than 250 clinics in 29 states, providing over 50,000 treatments each month and employing more than 1,700. Since 2019, Milan Laser has been backed by LGP.

LGP/Milan Laser’s Financial Advisor: North Point

LGP/Milan Laser’s Outside Counsel: Latham & Watkins

Co-Founders’ Outside Counsel: Wachtell, Lipton, Rosen & Katz

Sixth Street’s Financial Advisor: Piper Sandler

Sixth Street’s Outside Counsel: Cleary Gottlieb Steen & Hamilton

Wildcat Capital’s Outside Counsel: Vinson & Elkins led by Peter Marshall, Daniel McEntee, Dan Komarek (New York) and Sang Lee. Other team members included Jason McIntosh and Max Van Benschoten

Givaudan buys cosmetic ingredients from Amyris

Deal Description: Switzerland-based Givaudan announced Feb. 22 that it agreed to acquire certain cosmetic ingredients from publicly traded Amyris Inc., including Neossance Squalane and Neossance Hemisqualane and CleanScreen. The terms include an upfront cash consideration and a performance based earnout along with a long-term manufacturing agreement. Further details have not been disclosed and Givaudan plans to fund the transaction from existing resources. Amyris’ active cosmetic ingredients business would have contributed $30 million in sales to Givaudan’s $7.5 billion in revenue last year. Closing is subject to regulatory approval. Amyris will continue to make ingredients for Givaudan to use in cosmetics and Givaudan will become the commercialization partner for future sustainable beauty ingredients. Emeryville, Calif.-based Amyris is a biotechnology company that wants to accelerate the world’s transition to sustainable consumption through its “Lab-to-Market” technology in beauty, health and wellness and flavors and fragrances markets.

Amyris’ Outside Counsel: Shearman & Sterling led by partners Michael Dorf in San Francisco and Cassandra Cuellar in Austin and including associates Haley Cambra and Paige Southworth in Austin

Copenhagen Infrastructure buys majority stake in blue ammonia project on Gulf Coast

Deal Description: Copenhagen Infrastructure Partners, through its Energy Transition Fund, announced Feb. 23 it acquired a majority stake in a blue ammonia project, which will be developed alongside U.S.-based Sustainable Fuels Group. Terms weren’t disclosed. The project has entered into an agreement with New Orleans-based International-Matex Tank Terminals, a terminaling and logistics company, to provide ammonia storage and handling services. Located along the Gulf Coast, the project has begun detailed engineering and will initially consist of two phases, each with a production capacity of 4,000 tons per day (3 million tons of annual production from both phases) once operational in 2027. Blue ammonia is a low-carbon approach to ammonia production, which combines traditional ammonia synthesis using natural gas with subsequent carbon capture and storage process. The project will use Topsoe’s SynCOR technology and is expected to reduce carbon dioxide emissions by 90 percent compared with traditional ammonia production, abating 5 million tons of CO2 per year. The project will form part of the CI Energy Transition Fund, which closed in August 2022 at the hard cap of EUR 3 billion ($3.16 billion).

Copenhagen’s Outside Counsel: Kirkland & Ellis led by corporate partner Stephen Noh and associate Jack Chadderdon and including executive compensation partner Rob Fowler, with debt finance and tax assistance coming out of New York.

Ambassador Theatre Group, Jujamcyn Theatres agree to combine

Deal Description: International Entertainment Holdings Ltd., the parent company of live theatre and ticketing organization Ambassador Theatre Group, and Jujamcyn Theaters, the Broadway theatre owner and production company, announced Feb. 14 they agreed to combine operations. Terms were not disclosed. ATG is backed by Providence Equity Partners and TEG. ATG and Jujamcyn will offer producing partners a varied venue portfolio. Jordan Roth will sit on the board as the largest individual shareholder of the combined group and be creative director and Mark Cornell will be as CEO. Jujamcyn’s five Broadway theaters are the St. James, Al Hirschfeld, August Wilson, Eugene O’Neill and Walter Kerr. Current productions include the Tony Award-winning best musicals Moulin Rouge! The Musical, Hadestown and The Book of Mormon as well as the hit revival of Funny Girl and the upcoming New York, New York. ATG owns and operates 58 venues across the UK, the U.S. and Germany entertaining more than 15 million audience members each year.

Expected Close: 2023 if it clears regulators

Providence’s/International Entertainment’s Outside Counsel: Weil led by Samuel Peca

CAPITAL MARKETS/FINANCINGS

CenterPoint Energy Resources Corp. offers $1.2B in senior notes

Deal Description: CenterPoint Energy Resources Corp., an indirect, wholly-owned unit of CenterPoint Energy Inc., announced Feb. 23 the closing of its offering and sale of $600 million of 5.25 percent senior notes due 2028 and $600 million of 5.40 percent senior notes due 2033. The net proceeds will be used to repay all or a portion of its outstanding $700 million of 0.700 percent senior notes due 2023, all or a portion of its outstanding $575 million of floating rate senior notes due 2023 and a portion of its outstanding commercial paper. CenterPoint Energy Resources directly owns and operates natural gas distribution facilities in Louisiana, Minnesota, Mississippi and Texas and indirectly owns and operates natural gas distribution facilities in Indiana and Ohio through Indiana Gas Company Inc. and Vectren Energy Delivery of Ohio. It also owns and operates permanent pipeline connections through interconnects with interstate and intrastate pipeline companies through its unit CenterPoint Energy Intrastate Pipelines.

Bookrunners/Co-Managers: Mizuho, Scotiabank, TD Securities, Truist Securities, US Bancorp, BNY Mellon Capital Markets, Citigroup, Comerica Securities and PNC Capital Markets; Academy Securities and Loop Capital Markets

CenterPoint Energy Resources’ Outside Counsel: Baker Botts including corporate partners Tim Taylor and Clint Rancher, senior associate Josh Gonzales and associates Rob Cowan and Sarah Dyer; finance: partner Clint Culpepper and tax partner Jon Lobb

Underwriters‘ Outside Counsel: Hunton Andrews Kurth led by capital markets partner Pete O’Brien but including tax partner Robert McNamara and associate Tim Strother