White & Case is one of the most active law firms for energy mergers and acquisitions (M&A) in the world, and was recently listed among the Top 5 Energy M&A Law Firms (ranked by number of transactions completed in 2010), by SNL Financial (2011).

Our comprehensive legal knowledge and wide-ranging experience give clients the edge they need to succeed in today's challenging business and financial environments. The Firm's Global M&A Practice has built its reputation on completing groundbreaking transactions with a unique combination of precision and speed. Strategics, financial institutions and private equity and hedge funds have turned to our team to complete complex energy transactions worldwide.

Our experience includes numerous transactions throughout the energy sector, including power plants and electric transmission, pipelines, oil and gas storage and fields, refineries and distribution companies. With lawyers spanning offices across the globe, we have the depth and experience to handle single-asset dispositions as well as complex portfolio transactions spanning numerous jurisdictions.

The Advantage of Our Global Practice

As a full-service, global law firm, we have the experience and resources to help clients address any aspect of doing business in the energy sector. Our M&A team is reinforced and supported on domestic and international transactions by specialists in a variety of complementary practice areas and business combinations, including:

Recent Experience

Energy/Power/Transmission

• BKW FMB Energie: Representation of BKW FMB Energie AG in its participation in the 800 MW €1.3 billion investment in a hard coal-fired power plant project planned by GDF Suez Energie Deutschland AG in Wilhelmshaven, Germany; in particular, regarding the cooperation agreement, articles of association, the power off-take agreements and the operational maintenance agreement.
• Calpine Corporation: Representation of Calpine Corporation, the largest publicly traded, independent wholesale power company in the United States measured by power produced in the United States, in its US$1.65 billion purchase of 4,490 MWs of power generation assets from Pepco Holdings, Inc. We also represented Calpine Corporation in the US$739 million sale of two natural gas-fired power plants near Denver to Minneapolis utility Xcel Energy Inc.
• Constellation Energy: Representation of Constellation Energy Group, a leading supplier of energy products and services to wholesale and retail electric and natural gas customers, as lead regulatory counsel in its US$1.1 billion acquisition of five power plants in New England totaling 2,950 MWs, from Boston Generating, LLC.
• GMR Group: Representation of GMR Group in the US$1.232 billion sale of its 50 percent stake in the global power generation company InterGen N.V. China Huaneng Group, China's largest power generation company. This is the largest cross-border M&A transaction to date between India and China and was named "Infrastructure Deal of the Year 2010" by India Business Law Journal 2011. We previously advised GMR in its US$1.1 billion acquisition of the InterGen stake which, at closing, was the largest-ever acquisition of a global energy company by an Indian company. This transaction was named "Acquisition of the Year" by Infrastructure Journal 2009; "India Asset & Corporate Finance Deal of the Year" by Asian Legal Business 2009; and "M&A Deal of the Year" by India Business Law Journal 2008. 
• International Power: Representation of International Power, the UK-based energy provider, and Endesa, the Spanish utility, in the formation of a 50-50 joint venture to develop a new 830 MW combined-cycle gas-fired power project in Portugal.
• Kelson: Representation of Kelson Holdings LLC in the US$850 million sale of its subsidiary Redbud Energy LP to Oklahoma Gas & Electric Company. We also represented Kelson Limited Partnership in the sale of its Cottonwood Generation Facility, a 1,279 MW gas-fired combined-cycle power plant located in Texas, to NRG Energy, Inc. and Kelson Canada Inc. in the sale of its Island Generation Facility, a 275 MW gas-fired combined-cycle power plant located in Campbell River, British Columbia, to Capital Power, L.P.
• Reliant Energy: Representation of Reliant Energy in the sale of the 830 MW combined-cycle (cogeneration) Channelview Project to Global Infrastructure Partners. The sale occurred in a Section 363 bankruptcy auction.
• RPG Group: Representation of an RPG Group company, KEC International Limited, a publicly-traded Indian company and one of India's largest makers of electricity transmission towers, in its acquisition of 100 percent of the outstanding membership interests of SAE Towers Holdings, LLC from ACON Investments.
• Vattenfall Europe: Representation of Vattenfall Europe AG in its €810 million sale of the German regional transmission system operator 50Hertz Transmission GmbH to Elia System Operator, the Belgian transmission system operator, and Industry Funds Management, one of the largest global infrastructure investment managers.

Oil and Gas

• Acergy: Representation of Nasdaq and Oslo Stock Exchange-listed Acergy S.A. in its combination with Oslo Stock Exchange-listed Subsea 7 Inc., to create a US$8.8 billion global leader in seabed-to-surface engineering and construction.
• Amerada Hess Corporation: Representation of Amerada Hess Corporation in its US$3.2 billion acquisition of Triton Energy. We also represented Hess Corporation in its acquisition of NYSE-listed American Oil & Gas, Inc. in a transaction valued at approximately US$458.4 million.
• COSAN: Representation of COSAN S/A Industria E Comercio in its US$826 million acquisition of Esso Brasileria de Petroleo Limitada (Essobras) from ExxonMobil International.
• Evonik: Representation of Evonik Industries AG (formerly RAG Aktiengesellschaft) on the sale of its share in Saar Ferngas AG, one of the largest gas suppliers in Germany.
• Mexichem: Representation of Mexichem Flúor S.A. de C.V. (“Mexichem”), a major Mexican chemical producer, in the US$350 million acquisition of the fluorochemical business division of INEOS Holdings Limited. We also advised Mexichem in the US$300 million the AlphaGary plastic compounding business of Rockwood Holdings, Inc., a Princeton, New Jersey– based specialty chemicals company.
• SABIC: Representation of Saudi Basic Industries Corporation (SABIC) in its US$3.28 billion joint venture with China Petroleum & Chemical Corporation (Sinopec).
• TNK-BP: Representation of long-term client TNK-BP in connection with corporate restructuring. This phase of restructuring involved a merger by way of accession of three major holding companies, OAO TNK, OAO ONAKO and OAO Sidanco, into TNK-BP Holding, a new Russian holding company for TNK-BP. The combined value of assets of the merger companies is approximately US$18 billion. We also advised TNK-BP on its US$1.8 billion acquisition of BP’s upstream and pipeline assets in Vietnam and Venezuela; and on the sale of a 96.9 percent stake in Russian oil firm Udmurtneft to China’s Sinopec.
• Ziff Brothers: Representation of Ziff Brothers Investments, L.L.C. as a member of an investment consortium that invested US$1.3 billion in OGX Petroleo e Gas Participacoes SA, a Rio de Janeiro-based company that recently purchased rights to explore several Brazilian oil fields in a government auction.

Renewable/Alternative Fuel/Nuclear

• Électricité de France: Representation of Électricité de France in its investment in UniStar Nuclear Energy, LLC, a 50-50 joint venture with Baltimore-based Constellation Energy Group to develop, own and operate a fleet of standardized, next-generation nuclear power plants in the US and Canada.
• Nuclear Innovation North America LLC (NINA): Representation of NINA, the nuclear development company jointly owned by NRG Energy, Inc. and Toshiba Corporation, in a US$155 million agreement with The Tokyo Electric Power Company (TEPCO) to invest in two new nuclear units being built at the South Texas Project near Houston, Texas.
• Perfect Wind: Representation of Perfect Wind with respect to the acquisition of shares of Es-Yel Elektrik Üretim Limited Liability Company, Al-Yel Elektrik Üretim Limited Liability Company and Oz-Yel Elektrik Üretim Limited Liability Company, which operate wind power projects.
• Rochester Gas and Electric: Representation of Rochester Gas and Electric in its sale of the R.E. Ginna nuclear generating station.
• Wilon Holdings: Representation of Wilon Holdings S.A. in connection with the merger of VBV LLC and its subsidiaries with Green Plains Renewable Energy. The merger creates one of the nation's largest publicly-traded ethanol production companies, with complementary grain, agronomy, feed, fuel and ethanol marketing and distribution operations.
• Windland Energieerzeugungs: Representation of Windland Energieerzeugungs GmbH, a German wind farm project developer relating to its joint venture with Blackstone regarding the establishment of a wind farm in the North Sea called "Meer-blick."