Buckeye Partners and Nala Renewables’ Investment in Swift Current Energy

Vinson & Elkins LLP advised Buckeye Partners, L.P. and Nala Renewables on the deal.

Buckeye Partners, L.P. (“Buckeye”) and Nala Renewables (“Nala”) announced their acquisition of a majority interest in Swift Current Energy (“Swift Current”), a leading North American clean energy development and investment platform.

Swift Current currently has a pipeline of over 6 GW of solar, wind, and energy storage projects located close to U.S. demand centers in liquid power markets, over 2 GW of which is attributable to eight solar projects which are in late-stage development. The transaction will enable Swift Current to accelerate its growth plans and allow Buckeye and Nala to invest in a renewable energy platform that aligns with their business priorities while further participating in the energy transition.

The V&E corporate team was led by partners Eamon Nolan (Picture), Danielle Patterson and Matt Falcone, with assistance from senior associate Caroline Kuehn and associates Ryan Logan, Anastasia Arsenio, Sam Boyer, Zachary Parker, Erin MacMullin and Tara Tegeleci. Also advising were counsel Scot Dixon, senior associate Jared Knight and associate Kara Karcher; partner Matthew Dobbins and associate Kelly Rondinelli; partners Ryan Carney and Sean Moran, counsel Mary Alexander and Debra Duncan and senior associate Christine Mainguy; partner Sean Becker and senior associate Alex Bluebond; and counsel Julia Petty and associate Mary Daniel Morgan.
 

 

 

Involved fees earner: Mary Alexander – Vinson & Elkins LLP; Anastasia Arsenio – Vinson & Elkins LLP; Sean Becker – Vinson & Elkins LLP; Alex Bluebond – Vinson & Elkins LLP; Sam Boyer – Vinson & Elkins LLP; Ryan Carney – Vinson & Elkins LLP; Scot Dixon – Vinson & Elkins LLP; Matthew Dobbins – Vinson & Elkins LLP; Debra Duncan – Vinson & Elkins LLP; Matthew Falcone – Vinson & Elkins LLP; Kara Karcher – Vinson & Elkins LLP; Jared Knight – Vinson & Elkins LLP; Caroline Kuehn – Vinson & Elkins LLP; Ryan Logan – Vinson & Elkins LLP; Erin MacMullin – Vinson & Elkins LLP; Christine Mainguy – Vinson & Elkins LLP; Sean Moran – Vinson & Elkins LLP; Mary Daniel Morgan – Vinson & Elkins LLP; Eamon Nolan – Vinson & Elkins LLP; Zachary Parker – Vinson & Elkins LLP; Danielle Patterson – Vinson & Elkins LLP; Julia Petty – Vinson & Elkins LLP; Kelly Rondinelli – Vinson & Elkins LLP; Tara Tegeleci – Vinson & Elkins LLP;

Law Firms: Vinson & Elkins LLP;

Clients: Buckeye Partners; Nala Renewables ;

Martina Bellini

Author: Martina Bellini