M&A - Energy

Merger Advice and Structuring

In the past several years, the EDM Group has advised clients on a variety of mergers and acquisitions, including the acquisition of a Texas-based power marketer by a major investment bank.  In addition to its own resources, the EDM group can tap into the world-wide resources of the Firm’s Mergers and Acquisitions Group.  Our lawyers have advised leading U.S. and multinational corporations and investment banks on numerous mergers and other business combination transactions involving publicly traded and privately owned companies.

Power Plant and Physical Asset Acquisitions

Power plant and other physical asset acquisitions demand intensive due diligence that requires both an experienced, deep energy group and the ability to build a cross-disciplinary team from many fields.   McDermott has the breadth and depth of services to address every aspect of these acquisitions, including environmental, tax, employee benefits, corporate and intellectual property lawyers who have practical experience in these transactions.  McDermott lawyers have recent relevant experience conducting due diligence and negotiating the acquisition of coal and gas-fired generation facilities in Texas, California, the Powder River Basin and the Northeast.  The EDM
Group works with clients and their engineering consultants to Identify the risks and exploit the unique opportunities inherent in each of these projects. 

Contract Portfolio Acquisitions

The EDM Group has been involved in some of the largest portfolio acquisitions of the past several years, both in terms of dollar value and number of transferred trades.   McDermott has extensive experience in the negotiation of both the portfolio purchase agreement (including risk-shifting devices such as “mirror” trades and break-up fees) and the numerous counterparty and lender consents required in these transactions. 

Generation Project Development and Documentation

Our Group has worked with all regulatory, documentation and environmental aspects for new generation plants including air permitting, siting, due diligence, acid rail program and document transaction review for projects throughout the United States. 

Contacts

Energy and Derivatives Markets Client Services

McDermott Will & Emery

McDermott Will and Emery