Charles Vandenburgh assists domestic and international clients in the structuring and implementation of transactions in the electric power and gas sector. He represents clients in a broad range of acquisitions, divestitures, joint ventures, strategic alliances, financings and restructurings from letter of intent to closing, including transactions involving power plants, energy marketers and related manufacturing, service and technology companies.
Recent Notable Matters
Great Plains Energy Incorporated — revised stock-for-stock merger of equals transaction with Westar Energy, Inc., creating a company with a combined equity value of approximately $14 billion, and with nearly 13,000 MW of generation capacity and more than 51,000 miles of distribution lines
Duke Energy Corporation — $2.8 billion sale of its Midwest merchant generation business to a subsidiary of Dynegy Inc., which includes ownership interests in 11 power plants with a total capacity of approximately 6,100 MW, as well as Duke’s competitive retail electric and gas business; Platts Global Energy Awards, 2015 Strategic Deal of the Year
Optim Energy LLC — all aspects of its electric generation business, including in connection with its Chapter 11 bankruptcy in the District of Delaware