Skadden represented Houston-based independent power generator Dynegy Inc. in its $3.25 billion acquisition of EquiPower Resources Corp. and Brayton Point from private equity firm Energy Capital Partners.
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Monthly Archives: August 2014
CMS advises on £900m longevity swap for Trustees of the PGL Pensions Scheme
Davis Polk Advises Roche on Its Acquisition of InterMune
Davis Polk is advising Roche in connection with its $8.3 billion acquisition of InterMune, Inc. The closing of the transaction is expected to take place in 2014.
Tags: Davis Polk & WardwellAtlantic City Electric Company $150 Million First Mortgage Bond Offering
Hunton & Williams LLP advised Barclays Capital Inc. and KeyBanc Capital Markets Inc., as representatives of underwriters on an SEC-registered offering by Atlantic City Electric Company (“ACE”) of $150 million aggregate principal amount of its first mortgage bonds due 2024.
Vinson & Elkins Advises Quantum Energy Partners in $450M Oil & Gas Partnership with Tug Hill, Inc.
Vinson & Elkins advised Quantum Energy Partners in its partnership with Tug Hill, Inc. to acquire, develop and exploit conventional and unconventional oil and gas assets in certain North American basins. The Partnership will be supported by an initial $450 million equity commitment from Quantum and Tug Hill.
Tags: Vinson & Elkins LLP
Ballard Spahr Helps Clients Close $2 Billion in Real Estate Deals
Philadelphia is growing. And, this summer, real estate attorneys at Ballard Spahr helped clients launch three projects that will transform three dynamic sections of the City: The Comcast Innovation & Technology Center at 18th and Arch Streets, a major mixed-use development in University City by Drexel University and Wexford Science + Technology, and Rodin Group’s Whole Foods/mid-rise multifamily project in the Benjamin Franklin Parkway district.
“These projects make an extraordinary mark, both in generating economic development and in promoting the urban experience in Philadelphia neighborhoods,” said Bart I. Mellits, Chair of Ballard Spahr’s Real Estate Department. “Together, the projects will generate thousands of permanent jobs in the City and make it a more vibrant place to live and work.”
Tags: Ballard Spahr LLP 
Bracewell Represents Duke Energy in the $2.8 Billion Sale of its Midwest Commercial Generation Business to Dynegy
Bracewell & Giuliani LLP is representing Duke Energy, the largest electric power holding company in the U.S., with the sale of its competitive Midwest generation business to Dynegy for $2.8 billion in cash. This transaction includes ownership interests in 11 power plants, principally fueled by coal or natural gas, and Duke Energy Retail Sales, the company’s competitive electric and gas retail business.
Tags: Bracewell LLP
Colin Ng & Partners LLP acted for Bel Fuse Inc. on the acquisition of Power-One Pte. Ltd
Colin Ng & Partners LLP (“CNP”) acted for Bel Fuse Inc. (“Bel Fuse”), a corporation primarily engaged in the design, manufacture, and sale of products used in networking, telecommunications, high speed data transmission, commercial aerospace, military, transportation, and consumer electronics, on the acquisition of the Power One Solutions business from ABB, which included 100% of the shareholding in the Singapore subsidiary Power-One Pte. Ltd. The transaction is part of Bel Fuse’s plan to further develop their power business.
Tags: CNPLaw LLP
InterMune’s $8.9 Billion Acquisition by Roche
Roche and InterMune, Inc. announced they have entered into a definitive merger agreement for Roche to acquire InterMune at a price of US$74.00 per share in an all‑cash transaction with a total equity value of US$8.9 billion. This offer represents a premium of 38% to InterMune’s closing price on August 22, 2014, and a premium of 63% to InterMune’s unaffected closing price on August 12, 2014. Cravath represented InterMune in connection with this transaction, which has been approved by the boards of InterMune and Roche and is expected to close in 2014.
Tags: Cravath, Swaine & Moore LLPThe Southern Company $750 Million Aggregate Principal Amount of Senior Notes Offerings
Hunton & Williams LLP advised Barclays Capital Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC and UBS Securities LLC, as representatives of underwriters on SEC-registered offerings by The Southern Company (“Southern”) of $400 million aggregate principal amount of its senior notes due 2017 and $350 million aggregate principal amount of its senior notes due 2019.
