Mr Michael Didriksen > Baker Botts L.L.P. > New York, United States > Lawyer Profile

Baker Botts L.L.P.
30 ROCKEFELLER PLAZA
NEW YORK, NEW YORK 10112-4498
NEW YORK
United States

Work Department

Global Projects

Position

Partner

Department Chair – Global Projects ( New York)

Career

Michael Didriksen is a transactional lawyer with more than twenty years of experience in handling M&A and project development in the energy sector. Mr. Didriksen brings a significant depth of industry knowledge to his practice, having experience structuring complex transactions for regulated and unregulated companies in the electric power and gas spaces. He advises on major power project developments in the common fuel sources and technologies as well as on LNG projects and AC and HVDC merchant transmission lines. Mr. Didriksen has extensive renewable energy experience, having led numerous transactions involving the wind, solar, hydroelectric, renewable fuels and battery storage sectors. Mr. Didriksen also has significant “structured” energy transactions experience, including the negotiation of wholesale and retail power contracts (e.g., tolling agreements, long-term power purchase contracts, heat rate call options and standard offer load contracts).

Memberships

New York State Bar

Education

J.D., Columbia Law School 1997
Harlan Fiske Stone Scholar

B.A., University of Pennsylvania 1989

Leisure

He is an avid mountaineer, skier, sailor, and parent.

Lawyer Rankings

United States > Energy > Energy transactions: electric power

(Leading lawyers)

Michael DidriksenBaker Botts L.L.P.

Praised for its ‘unique’ longstanding presence in the market, Baker Botts L.L.P. fields a team of specialists able to cover the waterfront of energy transactions, both domestically and abroad. The firm combines capital markets expertise with top-end M&A and acquisition financing work, instructed by major utility players, multinational asset managers, and energy developers and producers. Particular mandates of note include the Champlain Hudson Power Express Project, the Texas Temple I and Temple II projects, and the Twin Oaks coal-fired power plant, whilst continued work in the energy transition space has seen an influx of battery storage, wind and solar transactions. Elaine Walsh and Michael Didriksen lead the team from Washington DC and New York respectively, with the former lauded by clients for her extensive understanding of the regulatory landscape – a competency honed from previous in-house industry experience – and the latter for his M&A and development capabilities that spans both conventional and renewable energy assets. Practice group chair of project finance and San Franciscan-based Dino Barajas has been the leading figure on gas-fired and solar energy mandates, operating in both North and Central America, while Houston’s Tim Taylor has been a crucial advisor to clients on their capital markets transactions. San Francisco-based senior counsel Vladimir Fet and Washington DC senior associate Carlos Marquez bring further project financing and debt financing between them, as well as possessing strong M&A capabilities. Eli Hinckley in Washington DC is focused on tax equity financing work. Jonathan Bobinger departed the practice in June 2023.

United States > Energy > Renewable/alternative power

(Leading lawyers)

Michael DidriksenBaker Botts L.L.P.

Capable of assisting with the full range of matters over the life cycle of energy projects, the team at Baker Botts L.L.P. acts for a range of developers and investors on projects in the US and abroad. Elaine Walsh in Washington DC is accomplished in energy company mergers, asset acquisitions, divestitures and investments, and renewable energy project development. She co-leads the department with New York-based Michael Didriksen, who is experienced in major transactions in the field. Project financing expert Dino Barajas is a key figure at the San Francisco office, while Michael Bresson in Houston is the name to note for federal income tax matters in renewable energy transactions. Project finance lawyer Ellen Friedman (New York) is another senior figure to note, and February 2023 partner appointment John Papaspanos is an example of the strength in depth across levels of seniority.