Skip To The Main Content

News & Events

Matter Highlights Go Back

Simpson Thacher Represents Blackstone in Acquisition of Texas Generation Portfolio

12.18.13

Simpson Thacher is representing Blackstone in connection with its acquisition from affiliates of Direct Energy LP, the U.S. subsidiary of Centrica Plc, of an approximately 260 MW gas-fired generating facility in Paris, Texas, an approximately 495 MW gas-fired generating facility in Mission, Texas, and an approximately 540 MW gas-fired generating facility in Cedar Creek, Texas. Terms of the transaction were not disclosed. 
 
The Simpson Thacher team working on the transaction includes Mickey Baden and Shane Morgan (M&A); Gibbs Fryer (Credit); Ken Wyman and  Amy Beller (Energy Infrastructure); Brian Chisling (Energy Regulatory); Jonathan Lindabury and Solomon Bashi (Derivatives);  David Rubinsky and Alina Finkelshteyn (Executive Compensation and Employee Benefits); Adeeb Fadil (Environmental); Gary Mandel, Jason Vollbracht and Sophie Staples (Tax); Elisa Alcabes (Insurance); Lori Lesser and Zara Ohiorhenuan (Intellectual Property); and Krista McManus (Real Estate).