NEW YORK – Troutman Pepper Locke advised its private equity client, Hull Street Energy, LLC, in connection with an agreement to acquire the Lee County Generating Station (677 MW) and the Tait Electric Generating Station (586MW) from Rockland Capital, LP, a private equity firm focused on control investments in critical power generation assets. For more information, see the press release.
The two facilities are strategically located to provide capacity and operational flexibility in the constrained PJM electricity market, where tightening supply-demand dynamics are increasing the need for reliable, fast-start resources that support grid stability.
The team that represented Hull Street Energy in the transaction included Andrew Schifrin, Steven Khadavi, Wallace Bao, Nickolas Guttman, Emma Teman, Aneri Shah, Aaron Hudson, Scott Grundei, Tom Gray, Akshay Belani, Jackie Triggs, Russell Kooistra, Paul Porretta, Deborah Enea, Jessica Rothenberg, and Morgan Gerard.
Troutman Pepper Locke’s market-leading energy practices help clients with their most important and complex matters throughout the U.S. and beyond. From electric power, oil and gas, or emerging technologies, the cross-discipline team is equipped to handle any related matters, drawing on the depth of the firm’s knowledge in the market. Troutman Pepper Locke regularly advises electric utilities, independent power producers, banks, upstream and midstream natural gas companies and service companies, private equity funds, and other large corporations. Learn more at energylawinsights.com.
Troutman Pepper Locke
Troutman Pepper Locke helps clients solve complex legal challenges and achieve their business goals in an ever-changing global economy. With more than 1,600 attorneys in 30+ offices, the firm serves clients in all major industry sectors, with particular depth in energy, financial services, health care and life sciences, insurance and reinsurance, private equity, and real estate. Learn more at troutman.com.