backKing & Spalding is representing Lotus Infrastructure Partners (formally known as Starwood Energy “Lotus”), on its announced sale of seven modern natural gas generation facilities, totaling approximately 2,600 MW of capacity for $1.9B to Vistra, a Texas based energy company. The sale includes five combined cycle gas turbine facilities and two combustion turbine facilities located across PJM, New England, New York, and California, further geographically diversifying Vistra’s natural gas fleet.
A link to the press release announcing the transaction can be found here.
The King & Spalding deal team is being led by New York based partner Jonathan Melmed who is Co-Chair, Global Corporate and Chair, Global Infrastructure.