Eversheds Sutherland Advises WEC Energy Group in Acquisition of Solar Park in Texas
February 02, 2023
Eversheds Sutherland Advises WEC Energy Group in Acquisition of Solar Park in TexasFebruary 02, 2023 Eversheds Sutherland is pleased to announce that it is representing client WEC Energy Group, one of the nation’s premier energy companies, in its acquisition of an 80% ownership interest in the 250-MW Samson I Solar Energy Center in Texas. Samson I is part of five phases of the Samson solar portfolio, which is being built on 18,000 acres in northeast Texas. When completed, the portfolio is expected to total 1,300 MW, making it the largest solar project under construction in the United States. Corporate/M&A Partner Lance Phillips led the Eversheds Sutherland deal team. “We are honored to work for such an outstanding company and to play a key advisory role in this pending acquisition, which continues WEC Energy Group’s expansion in clean energy,” said Mr. Phillips. The cross-practice team also included Corporate Partners Hill Jeffries and Joshua Shapiro, and Associates Dylan de Fouw and Evan Johnson; Energy Partners Joseph Hall and Thomas Warren, Senior Counsel Roxane Maywalt, Counsel Marty Hopkins and Associates Natalia Cosío Ondiviela, Soroosh Faegh, Catherine Garza, Angelica Li, Robin Raasch and Alyssa Walker; Real Estate Partner Marc Benjamin, Counsel David Cone and Associates Kailyn Coots and Lizbeth Cordova; Tax Partners Jason Dexter, Wes Sheumaker and Scott Wright, Counsel Frank Comparetto and Associate Catalina Baron; and Daniel Brown from our Konexo team. This transaction follows the announcement of Eversheds Sutherland’s representation of WEC Energy Group in connection with its 90% acquisition of the Paris Solar-Battery Park, a 310-megawatt solar and battery storage project in Wisconsin, and its 90% acquisition of the Jayhawk Wind Farm in Kansas.
With more than 3,000 lawyers, Eversheds Sutherland operates in over 70 offices in more than 30 countries across Africa, Asia, Europe, the Middle East and the United States. In addition, a network of more than 200 related law firms, including formalized alliances in Latin America, Asia Pacific and Africa, provide support around the globe. Eversheds Sutherland provides the full range of legal services, including corporate and M&A; dispute resolution and litigation; energy and infrastructure; finance; human capital and labor law; intellectual property; real estate and construction; and tax. Eversheds Sutherland is a global legal practice and comprises two separate legal entities: Eversheds Sutherland (International) LLP (headquartered in the UK) and Eversheds Sutherland (US) LLP (headquartered in the US), and their respective controlled, managed, affiliated and member firms. The use of the name Eversheds Sutherland is for description purposes only and does not imply that the member firms or their controlled, managed or affiliated entities are in a partnership or are part of a global LLP. For more information, visit eversheds-sutherland.com. Key contacts
M. Hill Jeffries Partner Atlanta, United States Wes Sheumaker Partner Atlanta, United States Thomas H. Warren Partner Atlanta, United States Scott Wright Partner Atlanta, United States David W. Cone Partner Atlanta, United States | Houston, United States Alyssa N. Walker Partner Atlanta, United States Joseph C. Hall Partner Washington, DC, United States Frank Comparetto III Counsel Atlanta, United States Marc A. Benjamin Partner Chicago, United States Lance J. Phillips Partner New York, United States Evan W. Johnson Senior Associate Chicago, United States Kailyn G. Coots Day Associate Atlanta, United States Latest Insights
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