Michael Shenberg | White & Case LLP International Law Firm, Global Law Practice
Michael Shenberg
Michael Shenberg

Michael Shenberg

Partner, New York

“Michael Shenberg is a very hands-on, practical lawyer, who does an excellent job finding appropriate compromises to achieve an agreement”

Legal 500 USA 2016

Overview

A recognized leader in his field, Michael focuses on energy M&A, capital markets and financing transactions.

He has represented financial and strategic investors in numerous deals involving the purchase or sale of energy assets, including large portfolios, single-asset deals and joint ventures. Additionally, Michael advises energy company clients on financings including restructurings, and corporate and commercial matters.

Bars and Courts

  • New York State Bar
  • New Jersey State Bar

Education

  • JD, New York University School of Law, cum laude, Member, Order of the Coif, Note Editor, New York University Law Review
  • BA, Rutgers University

Languages

  • English

Experience

Calpine Corporation, 2016

Represented Calpine Corporation in its US$395.5 million sale of Mankato Power Plant, a 375 MW natural gas-fired, combined-cycle power plant located in Minnesota, to Southern Company subsidiary Southern Power.

Calpine Corporation, 2016

Represented Calpine Corporation in its sale of South Point Energy Center, an approximately 504 MW natural gas-fired, combined-cycle, electric generation facility on the Fort Mojave Indian Reservation in Mohave Valley, Arizona, to Nevada Power Company.

IFM Investors, 2015

Represented IFM Investors, a global fund manager, in the sale of Essential Power, a 1,767 net MW power generation portfolio with headquarters in Princeton, New Jersey to The Carlyle Group.

Calpine Corporation, 2015

Represented Calpine Corporation in its US$500 million acquisition of the Granite Ridge Energy Center, a 745 megawatt, combined-cycle, gas-fired power plant located in Londonderry, New Hampshire.

Global Infrastructure Partners, 2015

Represented Global Infrastructure Partners in the acquisition of the principal holdings of Competitive Power Ventures.

Dynegy Inc., 2014

Represented Dynegy Inc., the third-largest independent power producer in the United States, in its US$2.8 billion acquisition of ownership interests in certain Midwest generation assets from Duke Energy Corp. The sale, which included 11 Duke natural gas, coal and oil power plants in Ohio, Pennsylvania and Illinois as well as its retail sales business, was part of a US$6.25 billion acquisition of power plants from Duke Energy Corp and private equity firm Energy Capital Partners, almost doubling Dynegy's generating capacity less than a year after emerging from bankruptcy protection.

Calpine Corporation, 2014

Represented Calpine Corporation in its US$1.57 billion sale of six power plants, located in Oklahoma, Louisiana, Alabama, Florida and South Carolina and comprising 3,498 MW of combined-cycle generation capacity, to NatGen Southeast Power LLC, a wholly-owned subsidiary of LS Power Equity Partners III.

Calpine Corporation, 2014

Represented Calpine Corporation in its US$530 million acquisition of Fore River Generating Station, a nominal 809 MW, combined-cycle power plant, from Exelon Corporation. The natural gas-fired plant is located in North Weymouth, Massachusetts, 12 miles southeast of Boston.

Calpine Corporation, 2013

Represented Calpine Corporation in its US$625 million acquisition of Guadalupe Generating Facility, a nominal 1,050 MW, combined-cycle natural gas-fired power plant located in Guadalupe County, from Wayzata Investment Partners LLC.

Cogentrix Energy Power Management, 2013

Represented Cogentrix Energy Power Management, a portfolio company of The Carlyle Group, in its acquisition of an 830 MW gas-fired, combined-cycle power plant owned by Energy Capital Partners located in Sayreville, New Jersey.

Russell City Energy Company, LLC, 2011

Represented Russell City Energy Company, LLC, a project company 75 percent owned by Calpine Corporation and 25 percent owned by an affiliate of GE Energy Financial Services, in connection with the US$844.5 million construction financing of a natural gas-fired, combined cycle power generation facility.

Kelson Energy, Inc., 2010

Represented Kelson Energy, Inc. in its sale of a 968 MW natural gas-fired power plant to the Tennessee Valley Authority (TVA); and in the sale by its subsidiary, Dogwood Energy LLC, of an undivided interest in a combined-cycle natural gas fired electric generating facility located in Cass County, Missouri.

Awards & Recognition

Leading Individual for Energy: Electricity, Chambers Global (2016)

Leading Individual for Energy: Electricity, Chambers USA (2016)

Recognized Individual for Energy: Transactions, Legal 500 USA (2016)

Recognized Individual for Energy Transactions: Conventional Power, Legal 500 USA (2016)

Selected for New York Super Lawyers, Metro Edition (2006 - 2015)