Excelerate Energy’s $384 Million Initial Public Offering

Gibson, Dunn & Crutcher advised Excelerate Energy, while Davis Polk advised the representatives of the several underwriters in the IPO.

Excelerate Energy, Inc. announced the $384 million initial public offering of 16,000,000 shares of its Class A common stock. The common stock is listed on the New York Stock Exchange under the symbol “EE.”

Barclays Capital Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC acted as the representatives of the underwriters.

Excelerate Energy, Inc. is a liquefied natural gas (LNG) company located in The Woodlands, Texas. Founded in 2003 by George B. Kaiser, Excelerate is changing the way the world accesses cleaner forms of energy by providing integrated services along the LNG value chain with an objective of delivering rapid-to-market and reliable LNG solutions to customers.

The Davis Polk capital markets team included partner Michael Kaplan (Picture) and associates David Li and Javier Félix. Counsel Bonnie Chen and associate Alison T. Chin provided intellectual property advice. The tax team included partner Ethan R. Goldman and associate Benjamin Helfgott. Counsel David A. Zilberberg provided environmental advice. Counsel Marcie A. Goldstein provided FINRA advice. 

Involved fees earner: Bonnie Chen – Davis Polk & Wardwell; Alison Chin – Davis Polk & Wardwell; Javier Felix – Davis Polk & Wardwell; Ethan Goldman – Davis Polk & Wardwell; Marcie Goldstein – Davis Polk & Wardwell; Benjamin Helfgott – Davis Polk & Wardwell; Michael Kaplan – Davis Polk & Wardwell; David Li – Davis Polk & Wardwell; David Zilberberg – Fried Frank Harris Shriver & Jacobson;

Law Firms: Davis Polk & Wardwell; Fried Frank Harris Shriver & Jacobson;

Clients: Barclays Capital ; J.P. Morgan Securities LLC; Morgan Stanley;