Elena Rubinov advises domestic and international companies and private equity funds in business transactions across a broad range of industries, with a focus on the midstream and electric power and gas sectors. She represents clients in private and public mergers, asset and stock acquisitions and divestitures, joint ventures, strategic alliances and other business combinations.
Elena also represents clients in debt and corporate restructurings in connection with equity recapitalizations, rights offerings and 363 sales and acquisitions. She is experienced in advising investors in connection with private and public equity and debt securities offerings and securities laws disclosure matters. Her practice also includes advising clients on corporate governance, securities reporting, national securities exchange rules and general corporate matters.
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
Kinder Morgan, Inc. — 50/50 joint venture with Southern Company in connection with the ownership, operation and development of the Southern Natural Gas pipeline system having a total enterprise value of approximately $4.15 billion
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
La Caisse de dépôt et placement du Québec — joint venture with a private equity fund Altas Capital Partners in connection with the acquisition of Capital Vision Services LP, a provider of management services to MyEyeDr optometry practices
La Caisse de dépôt et placement du Québec — acquisition, jointly through a joint venture with GE Energy Financial Services, of Southern Star Central, a 5,800 mile U.S. natural gas pipeline system, from Morgan Stanley Infrastructure
Global Infrastructure Partners — $2.675 billion acquisition of a 50 percent interest in a strategic joint venture with Hess Corporation that owns Hess’s former midstream crude oil and natural gas infrastructure assets in the Bakken Shale
Rockland Capital, LLC — acquisition of Shelby County Energy Center, a 352 MW natural gas-fueled electric generation plant located in Shelby County, Illinois from an affiliate of NRG Energy, Inc.
Rockland Capital, LLC — acquisition of the Michigan Power Generating Facility, a 125 MW natural gas-fired, combined-cycle electric generation facility in Ludington, Michigan from affiliates of ArcLight Capital Partners, LLC
Rockland Capital, LLC — acquisition of the 344 MW Rocky Road gas-fired facility and the 180 MW Tilton gas-fired facility in Illinois from affiliates of LS Power
Rockland Capital, LLC — acquisition of three natural gas-fired generation facilities in Grand Tower, Elgin, and Gibson City, Illinois, with a combined capacity of 1,166 MW, from an affiliate of Ameren Corporation
Arroyo Energy Investment Partners LLC — acquisition of the Broad River Energy Center, an 847 MW natural gas-fueled electric generation plant located in Gaffney, South Carolina from affiliates of Energy Capital Partners
NRG Energy, Inc. — sale of a majority interest in its subsidiary EVgo, a provider of electric vehicle charging stations, to Vision Ridge Partners, LLC
Big Bus Tours Ltd. — acquisition of Smart Destinations, Inc., an attraction pass company
Venoco, Inc. — creditor negotiations and Chapter 11 reorganization, which resulted in the elimination of almost $1 billion in debt. The bankruptcy proceeding was completed in four months and with the agreement of all creditor groups.