Baker Botts L.L.P.

Praised for its ‘unique’ longstanding presence in the market, Baker Botts L.L.P. fields a team of specialists able to cover the waterfront of energy transactions, both domestically and abroad. The firm combines capital markets expertise with top-end M&A and acquisition financing work, instructed by major utility players, multinational asset managers, and energy developers and producers. Particular mandates of note include the Champlain Hudson Power Express Project, the Texas Temple I and Temple II projects, and the Twin Oaks coal-fired power plant, whilst continued work in the energy transition space has seen an influx of battery storage, wind and solar transactions. Elaine Walsh and Michael Didriksen lead the team from Washington DC and New York respectively, with the former lauded by clients for her extensive understanding of the regulatory landscape – a competency honed from previous in-house industry experience – and the latter for his M&A and development capabilities that spans both conventional and renewable energy assets. Practice group chair of project finance and San Franciscan-based Dino Barajas has been the leading figure on gas-fired and solar energy mandates, operating in both North and Central America, while Houston’s Tim Taylor has been a crucial advisor to clients on their capital markets transactions. San Francisco-based senior counsel Vladimir Fet and Washington DC senior associate Carlos Marquez bring further project financing and debt financing between them, as well as possessing strong M&A capabilities. Eli Hinckley in Washington DC is focused on tax equity financing work. Jonathan Bobinger departed the practice in June 2023.