With expertise handling utility mergers, power project development, and retail energy transactions, the power, utilities, and renewables department at Baker Botts L.L.P. remains a powerhouse in the US energy market. It covers a wide array of energy transactions including capital markets transactions, bankruptcy restructuring, and auctions for power assets, as well as power and utility investments, and financing.  The team’s extensive experience leading on high-profile and high-value transactions continues to attract new and impressive clients to its roster which is comprised of notable names from the banking and finance and energy sectors, alongside governmental entities. Leading the group in Washington DC is Elaine Walsh who specialises in energy company mergers, energy asset acquisitions, and divestitures and investments, while in New York Michael Didriksen heads up the practice and concentrates on M&A and project development relating to alternative and renewable power, transmission lines, and conventional power. Another notable name in the firm is San Francisco-based Dino Barajas who is a go-to for all finance-related matters for infrastructure projects in Latin America. In Washington DC, Carlos Marquez is recognised for his prowess representing private equity companies on both domestic and cross-border project financing, development, M&A transactions, and divestitures.

Recognised for its ‘deep expertise,’ Kirkland & Ellis LLP‘s energy and infrastructure group, based in Houston, has both transactional and advisory capabilities, offering assistance on the acquisitions and sales of power assets, financings, and project development, as well as joint ventures, divestitures, and privatization transactions. The team’s experience handling complex and high-value matters, including those with cross-border elements, continues to cement it as a standout firm in the US energy transaction space. With such an expansive offering, the practice continues to attract notable clients from the energy, infrastructure, and investment companies to its roster including the likes of BlackRock and Global Infrastructure Partners. The main contact in the department is Andrew Calder who concentrates on M&A, although the team also benefits from the aptitude of Rhett Van Syoc who specialises in joint ventures and private equity. In New York, Kristin Mendoza stands out for her prowess in cross-border M&A, dispositions, and reorganisations in the energy sector. Other key names in the department include Ahmed Sidik – who was promoted to partner in October 2024 – and Rob Goodin.

Latham & Watkins LLP‘ energy and infrastructure industry group stands out for its expert knowledge across the power and renewables sector including power generation, transmission, and distribution infrastructure, among other areas. The team has deep experience advising investors and energy companies on M&A, secured lending, and corporate finance, as well as restructuring, tax, and project development and finance. With a wide range of capabilities to handle high-profile and high-value energy transactions, both domestically and internationally, the department has amassed an impressive client roster with key players in the energy space. Heading up the practice in New York are Eli Katz and David Owen, while Lauren Anderson leads the office in Houston. Katz concentrates on tax incentives, project development, and financing, while Owen focuses on M&A deals and joint ventures. Anderson is recognised for her aptitude leading on private equity transactions related to power, renewables, and petrochemicals. New York-based David Kurzweil and Houston-based Trina Chandler are assets to the team as a result of their expertise in M&A and joint ventures, alongside private equity transactions respectively. Other notable names include New York's Christopher Cross and Caroline Phillips.

With expertise in both traditional fossil fuels and renewable technologies, Bracewell LLP has a robust offering which covers M&A, divestitures, and joint ventures, as well as equity investments, project finance, and energy project development. The team’s wide scope has amassed a strong client roster comprised of investors, underwriters, and energy companies. In Houston, Ryan Holcomb heads up the practice and specializes in the acquisition and divestiture of assets and companies, joint ventures, and structured commodity transactions, while in Washington DC, Danielle M. Varnell leads the team and concentrates on energy M&A, portfolio acquisitions and divestitures, and equity investments and sales. Catherine Hood, who is the main contact in the New York office, is noted for her aptitude handling financing transactions and regularly represents public utility companies on debt, equity, and hybrid securities, as well as commercial lending deals. Houston-based Shannon Baldwin is another key name in the department due to her experience advising on capital markets and MLP dropdown transactions. The team also benefits from the prowess of Washington DC's Laura Sheldon who specializes in the purchase and sale of renewable energy assets.

Gibson, Dunn & Crutcher LLP‘s New York-based power and renewables practice stands out for its breadth of expertise which spans both public and private M&A, project acquisitions and investments, and project development, alongside joint ventures, project financing, and capital markets transactions. The group has extensive knowledge of conventional and renewable power including utilities, solar, and wind energy, and often advises on electric transmission assets and lithium projects. Alongside its robust offering, the team’s cross-border capabilities have attracted many impressive clients to its roster including energy, investment, and private equity companies. Co-leading the department are Peter Hanlon and Nicholas Politan, both of whom have deep experience assisting on both domestic and cross-border M&A, financing, and restructuring. On the cleantech front, John Gaffney is a key contact in the practice and represents renewable energy companies in divestitures, joint ventures, and capital markets transactions. Other notable names in the group include debt financing expert Darius Mehraban and securities specialist Alan Bannister.

Recognised for its ‘diverse practice in the energy and power sector,’ McGuireWoods LLP is capable of handling a range of high-profile and high-value transactions on behalf of energy, infrastructure, and utility companies. The energy industry team specializes in M&A, wholesale acquisitions, and advises on power purchase agreements and hedge transactions. With deep experience in a range of energy transactions, the group continues to attract new and impressive clients to its roster which includes notable names such as Dominion Services and NRG Energy. In Richmond, Joanne Katsantonis heads up the practice and represents public utilities, investors, and independent power producers in a variety of transactional and financing matters such as public company mergers, debt and equity offerings, and auction processes. Baltimore-based Brian Kelly co-heads the department and stands out for his expertise in M&A, energy project finance, and hedging transactions. The team also benefits from the prowess of Heather Welch Arbogast who is based in Baltimore and advises developers, power purchasers, and sponsors on transactions related to solar, wind, and battery storage.

The energy and infrastructure department at Orrick, Herrington & Sutcliffe LLP is a popular choice for energy, renewables, and tech companies seeking assistance on M&A, financings, and equity investments. The group’s experience handling a range of high-value transactions ranging from acquisitions to cash equity sell-downs, alongside its cross-border capabilities, has led to the team amassing an impressive client roster comprised of notable names such as Microsoft and ENGIE. In Houston, Blake Winburne and Dahl Thompson co-head the practice, while Kyle Drefke and Louise Gibbons lead the group in Washington DC and San Francisco respectively. Winburne is noted for his expertise advising private equity firms and funds on investments and equity sell-downs, while Thompson stands out for his aptitude for leading on the structuring, development, financing, and acquisition of energy projects. Drefke concentrates on divestitures and joint ventures, and Gibbons is sought after for her prowess in M&A transactions involving renewable energy and energy transitions. Other key contacts in the group include Houston-based Bradford Gathright, San Francisco’s Kristin Seeger, and Teresa Hill who is based in Seattle.

With extensive experience advising sponsors, investors, and public and financial institutions on electric power and transmission, renewable and clean energy, and infrastructure manufacturing and services matters, the energy and infrastructure team at Simpson Thacher & Bartlett LLP is sought after for assistance with M&A and financing transactions, investments, and fund formation matters, as well as securities issuances, tax structuring, and sales. The group’s breadth of practice has contributed to its impressive client roster which consists of notable names from the financial services, energy, and investment management sectors. Co-leading the department are Houston-based Breen Haire and Eli Hunt who is based in New York. Haire stands out for his expertise representing private equity investors and energy companies in acquisitions and dispositions, controlled auctions, and investments with a focus on energy, digital infrastructure, and transportation. Hunt is recognized for his aptitude handling M&A, joint ventures, and reorganizations involving clean and renewable energy. Another notable name in the group includes Brian Chisling who is based in New York and concentrates on both domestic and cross-border sales and divestitures.

With a ‘depth and diversity of expertise that is unmatched,’ Hunton Andrews Kurth LLP‘s renewables and clean power department stands out for its robust offering which covers a wide array of energy transactions ranging from M&A and joint ventures to debt and equity offerings and project financing. The group continues to attract new and notable clients to its roster including commercial banks, export credit agencies, and institutional lenders. Jeff Schroeder, based in Washington DC, heads up the team and concentrates on project development as well as asset, stock, and portfolio acquisitions. In Richmond, Laura Ellen Jones is the main contact in the practice and specialises in tax equity financings for renewable energy projects, while Washington DC-based Geoffrey Lorenz is adept at handling the financing, acquisition, and development of electric-generating facilities. On the tax credit front, David Lowman is the go-to practitioner in Washington DC and Robert McNamara is the primary liaison in Houston.

Specializing in cross-border project finance and development, Milbank‘s global project, energy, and infrastructure finance group is instructed by debt and equity investors, private sponsors, and government lenders on power and energy projects, oil and gas projects, and infrastructure and telecoms projects. The team is also adept at handling restructuring, development, and financing matters. With a robust offering, the department has amassed an impressive client roster predominantly comprised of businesses from the banking and finance sector. Co-leading the practice are project development expert Dan Bartfeld and project financing specialist Daniel Michalchuk, both of whom share extensive experience advising financial institutions and investment firms on financing and M&A. Jeffrey Leider is another notable name in the team due to his aptitude for leading on both project and structured finance matters for financial institutions and project developers. Other key contacts in the practice include Bill Bice, Sean O’Neill, and Kristine Wang.

The energy and project development and capital markets department at Morgan, Lewis & Bockius LLP stands out for its expertise handling a wide range of energy transactions including M&A, project development, and project financing, as well as sales, dispositions, and power purchase agreements. Alongside its transactional capabilities, the group offers regulatory advisory services which paired with its cross-border experience, continue to attract new and impressive clients from the energy and financial services sectors. In Washington, DC, Stephen Spina heads up the team while Elizabeth Hanigan leads the department in Chicago and is noted for her aptitude advising on project financing. New York’s Michael Espinoza is another key contact in the practice and has extensive experience assisting clients with M&A and divestitures involving electric generating facilities, regulated electric and gas utilities, and retail electric providers. Boston-based Amy Maloney is a go-to for private equity funds, institutional investors, and insurance companies.

Noted for having ‘some of the most experienced individuals in the power industry,’ Norton Rose Fulbright‘s projects M&A practice is capable of handling a range of high-profile and high-value energy transactions ranging from acquisitions and divestitures to financing and development. The group’s focus on energy projects makes it a good choice for businesses from the energy, asset management, and infrastructure industry sectors, and its client roster continues to expand with the addition of notable names. Heading up the Austin office is Becky Diffen who stands out for her expertise in representing developers on auction processes and leading on M&A, joint ventures, and project development deals. In New York, Kessar Nashat leads the department and specialises in energy and infrastructure transactions, often advising investors and sponsors on spin-offs, debt and equity offerings, and joint ventures.

With a transactional and advisory offering, Pillsbury Winthrop Shaw Pittman LLP‘s energy transition department has deep experience assisting both conventional and renewable energy clients with project financing, M&A and joint ventures, as well as advising on new energy tech and infrastructure related to the power sector. Alongside its expertise in energy transactions, the group’s cross-border capabilities continue to attract new clients to its roster which is comprised of notable names from the energy sector. Washington DC-based Jeff Merrifield and Robert James, who is based between San Francisco and Houston, co-head the practice and are supported by San Francisco’s financing specialists Robert Nelson and Alicia McKnight. Nelson concentrates on the development and financing of renewable, conventional, and nuclear energy projects, while McKnight focuses on the financing, acquisition, and disposition of energy projects involving renewable power generation and storage.

Akin‘s projects and energy transition team has deep experience advising electricity and gas utilities, merchant generators, and transmission and distribution companies on a wide range of transactions including debt and equity financing, public and private debt capital markets financings, and securitisations, among others. The group’s capabilities continue to attract new clients including notable names from the financial services and renewable energy sectors. In Houston, Matt Kapinos leads the department and stands out for his aptitude handling acquisitions, divestitures, and joint ventures for businesses across an array of energy assets such as renewable and traditional power, and petrochemical. Project finance specialist Ike Emehelu heads up the practice in New York and is noted for his expertise assisting lenders, developers, and investors on energy and infrastructure projects both domestically and internationally. Brad Warner in New York is also a key name in the team, handling transactions across a broad range of infrastructure assets.

With expertise handling M&A, project development, and financing deals, the energy department at Dentons continues to amass new and impressive clients from a variety of industry sectors such as tech, energy, and public utilities. Clinton Vince heads up the practice in Washington DC, and is supported by Peter Thieman who has extensive experience advising investors, energy companies, and financial institutions on a slew of transactions including power purchase, financing, and M&A.  In Los Angeles, Carl Steen is the main contact in the group and specialises in corporate transactions; he frequently represents lenders, private equity investors, and wholesale electric cooperatives on restructuring, joint ventures, and M&A.

Offering assistance on both domestic and international energy transactions including M&A deals, joint ventures, and debt and equity offerings, the energy, infrastructure, and resources practice at K&L Gates is predominantly instructed by institutional investors, tax equity investors, and lenders. Alongside its deep experience in the field, the group has cross-border capabilities which continue to attract notable clients including the likes of Acciona and CIT. In Washington DC, Kimberly Frank heads up the team while Brogan Sullivan leads the department in Kansas City. Sullivan stands out for his aptitude handling acquisitions, joint ownership, and tax equity financing transactions in the renewable power sector. The office in Kansas City also benefits from the expertise of John Crossley who advises on the life cycle of renewable energy projects including portfolio acquisitions and dispositions and tax equity and debt finance transactions. Another key name in the practice is Kansas City-based Kaitlyn DeYoung who is also adept at assisting with transactions, project financing, and tax equity deals.

With experience representing private equity and infrastructure funds, utility companies, and retail energy providers in M&A transactions, investments, and developing and financing matters, the projects and infrastructure department at Mayer Brown continues to attract new clients to its extensive client roster comprised of notable names from the financial services and energy sectors. The group stands out in particular for its capability to handle high-value, high-profile, and cross-border energy transactions. Heading up the practice is investment specialist Paul Astolfi who has expertise advising on a range of energy assets including both renewables and oil and gas. The team also benefits from the aptitude of Jason Wagenmaker who regularly leads on M&A, business and asset sales, and private equity transactions. All attorneys mentioned are based in Chicago.

Specializing in the private equity and private credit market within the renewable energy sector, the global energy and project finance team at McDermott Will & Emery LLP advises energy businesses on equity and credit structures in energy transactions. Alongside its niche expertise, the group’s cross-border capabilities and experience handling high-profile matters continue to attract new and impressive energy clients. Heading up the team in Los Angeles is Edward Zaelke who is sought after for his aptitude leading on M&A, development and financing matters, and equipment purchases. In Miami, Philip Tingle leads the department and is noted for his deep knowledge of project tax credit qualifications, tax equity structures, and financing transactions.

Noted for its ‘specialized and trustworthy energy expertise,’ Sidley Austin LLP‘s energy, transportation, and infrastructure department is capable of advising on a wide array of energy transactions such as M&A, project financing and development, and joint ventures, as well as restructuring, private equity, and capital markets transactions. With a broad offering and cross-border capabilities, the team has amassed a strong client roster comprised of businesses from the financial services, energy, and utilities industry sectors. In Houston, Cliff Vrielink heads up the practice while Tara Higgins and Kenneth Irvin co-lead the team in New York and Washington, DC respectively. Higgins stands out for her aptitude advising lenders, developers, and private equity investors on project financing, tax transfer transactions, and restructurings relating to both conventional and alternative energy projects.

The energy, capital projects and infrastructure department at Troutman Pepper Locke LLP stands out for its experience advising energy and public services companies on a range of energy transactions such as M&A, tax equity financings, and joint ventures, as well as renewable portfolio lending, capital markets transactions, and syndicated lending. Co-leading the group between Los Angeles, New York, and Atlanta are John Leonti, Christine Byrnes, and Brandon Marzo respectively. Leonti is noted in particular for his prowess handling tax equity, debt, and hedge transactions. In Richmond, Clayton De Arment concentrates on transactions involving both conventional and renewable energy including private securities offerings, venture capital transactions, and joint ventures, while New York’s Andrew Schifrin focuses on project development, project finance, and M&A. Anne Loomis, based in Richmond, is an asset to the group due to her expertise in tax planning.

Winston & Strawn LLP‘s energy and infrastructure practice has a robust offering which covers the acquisition and disposition of single and portfolio assets, transaction structuring, and joint development, as well as power purchase agreements, sales of renewable energy certificates, and joint bidding. The team regularly advises developers, power producers, financial investors, and energy and infrastructure funds on high-value and high-profile transactions which continue to attract clients to its roster. Co-chairing the department are Houston-based Mike Blankenship and Mike Pikiel, who is based in New York. They are supported by New York’s Jonathan Birenbaum who stands out for his ‘excellent pulse on the sector.’ He concentrates on acquisitions and dispositions, financing transactions, and M&A. Other key practitioners in the team include New York-based Jason Lewis and Washington DC’s Tom Millar.