Fritz Lark has experience in a broad range of corporate transactions and governance matters, with a focus on the power and utility sectors. He represents clients on transactions including acquisitions and divestitures of public and private companies and assets, including public utilities, retail energy providers, electric generating units and other industrial facilities and financial assets. Fritz has also advised clients in debt and corporate restructurings, joint ventures, project development matters and public and private offerings of equity, debt and hybrid securities. His practice also includes advising clients on corporate governance and disclosure issues under the federal securities laws, exchange rules and state corporate laws.
Prior to practicing law, Fritz was a financial analyst with Public Service Electric & Gas Company.
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
Talen Energy Corporation — $1.175 billion acquisition of MACH Gen, LLC, the holding company of three natural gas-fired power plants located in New York, Massachusetts and Arizona with a total capacity of over 2,500 MW
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
Integrys Energy Group, Inc. — sale of its competitive retail electric and natural gas business, Integrys Energy Services, Inc., to Exelon Generation Company, LLC
Publications and Speeches
"Terms of Recent Utility Acquisitions Reflect Favorable Market for Sellers," Special Report: Energy & Natural Resources, Financier Worldwide Magazine, November 2015.
"Acquisition of Retail Electric Providers – Key Legal Considerations," Electric Light & Power, October 3, 2013.
"Due Diligence Workshop," Annual SNL EXNET Power & Utilities M&A Symposium, New York, NY, 2012 - 2013.