Troutman Pepper served as legal counsel to Hull Street Energy in its acquisition of the Bastrop Energy Center and Paris Energy Center from Mesquite Generation Holdings LLC, an affiliate of Atlas Holdings. Hull Street is a private equity firm that specializes in deploying capital into the power sector as it decarbonizes. Read a company press release about the deal.
Located in Bastrop and Paris, Texas, the two natural gas-fired power generation facilities provide 855 megawatts of critical power generation and reliability services to the Texas grid. This news comes on the heels of Hull Street’s recent acquisition of natural gas-fired plant Sunrise Power in Fellows, California. Hull Street and its affiliates now own approximately 2,300 megawatts of strategically located gas-fired and dual-fueled generation capacity throughout the United States, which will help enhance the resiliency and reliability of power service for regional customers.
Troutman Pepper’s multi-disciplinary team has acted as legal counsel to Hull Street for many of its transactions. Partners Andrew Schifrin, Clayton De Arment, Steven Khadavi, Dan Anziska, Akshay Belani, Byron Kirkpatrick, Anne Loomis, Marc Machlin, Paul Porretta, and Stephen Rinehart; and Associates Wallace Bao, Steve Boughton, Jacob Davis, Emily Fahey, Morgan Gerard, Nick Guttman, Russell Kooistra, Karina Miranda, Victor Noriega, Jessica Rothenberg, and Matt Sides, advised Hull Street in the deal.