Jay Hughes Partner

Experience

Power and Oil & Gas

• Representation of Longbow Capital Inc. in connection with co-investments in its portfolio company VoltaGrid LLC.
• Representation of Longbow Capital Inc. in its investment in Amped Up Power Solutions.
• Representation of AccessESP, a portfolio company of Lime Rock Partners, in its acquisition by Baker Hughes.
• Representation of Rod and Tubing Services, a portfolio company of Lime Rock Partners, in its business combination with Certus Energy Solutions, a portfolio company of Amberjack Capital Partners.
• Representation of Dominion Energy, Inc. in its $13.4 billion merger with SCANA Corporation.
• Representation of Dominion Energy, Inc. in the $4.4 billion acquisition, plus the assumption of debt for an enterprise value of approximately $6 billion, of Questar Corporation.
• Representation of Dominion Energy, Inc. in a $2 billion recapitalization of the company’s Cove Point liquefied natural gas facility in Lusby, Maryland, by an affiliate of Brookfield Asset Management.
• Representation of RBJ & Associates – one of the largest independent producers of water infrastructure and disposal services for energy companies in the Permian Basin whose assets included 24 saltwater disposal wells with a permitted daily disposal capacity of approximately 600,000 barrels, 150 miles of pipeline gathering systems and other supporting infrastructure – in its sale to a subsidiary of Pilot Flying J, a national owner and operating of tanker trucks, salt water gathering pipelines, and disposal facilities.
• Representation of Dominion Energy, Inc. in the acquisition of Southern Co.’s 5% stake in the Atlantic Coast Pipeline, a 600-mile pipeline and gas transmission assets which run through West Virginia, Virginia and North Carolina, moving Appalachian Basin gas to Mid-Atlantic markets.
• Representation of Dominion Energy, Inc. in the acquisition of Southern Co.’s Pivotal LNG, a wholly owned subsidiary which distributes liquefied natural gas for marine and road transportation.
• Representation of Intervale Capital, an energy-focused private equity firm, in the sale of portfolio company Epic Lift Systems, a leading provider of plunger lift, gas lift and complementary compression products, to Tally Energy Services.
• Representation of a private equity firm focused in the energy space in its Series A co-investment in leading innovator of technology solutions for zipper manifolds and hydraulic fracturing equipment.
• Representation of a client in private equity investment involving oil and gas well workovers in McMullen and Gonzales Counties, Texas.
• Representation of a mineral assets, royalties and overriding royalties company in acquisitions of oil and gas assets in Reeves, Reed, Pecos, Loving and Ward Counties, Texas and Major and Kingfisher Counties, Oklahoma.
• Representation of an oil field services manufacturing, fabrication, assembly and integration company in bolt-on acquisition of oilfield and marine drilling rig power control manufacturer.
• Representation of a gas transmission company in acquisitions of natural gas extraction facilities in West Virginia and Ohio.
• Representation of a client in divestiture of its retail electric business in northeastern United States and ERCOT.
• Representation of several affiliated coal companies in their approximately $960 million (cash and stock consideration) sale to a NYSE-listed company.
• Representation of a utility in negotiating engineering, procurement and construction contract for building, installing and commissioning of selective catalytic reduction (SCR) equipment at coal plant.
• Representation of an electricity and energy services supplier in sale of three power plants in Texas to private equity buyer.
• Representation of a seller in sale of natural gas service contract portfolio.
• Representation of a utility seller in sale of coal plant.
• Representation of a utility in connection with purchase of approximately 543 MW nuclear facility in Wisconsin.

Renewable Energy

• Representation of Rhythm Energy, Inc. on its working capital lending facility from ENGIE Energy Marketing NA, Inc.
• Representation of Energy Spectrum in the sale of Coastal Caverns, Caliche Development Partners’ energy storage platform.
• Representation of LS Power and REV Renewables in a $300+ million equity investment by SK E&S in REV to accelerate the expansion of REV’s portfolio of renewable power and energy storage projects.
• Representation of LS Power in the formation of clean energy platform REV Renewables, and contribution of a 2.4GW portfolio of assets draw from LSP’s existing portfolio, consisting of solar, wind, pumped hydro and battery storage assets.
• Representation of SG Energy, a US energy company and a fully owned subsidiary of Supergas Energy, an Israeli energy company traded on the Tel Aviv Stock Exchange, in its investment in Balanced Rock Power, a Utah-based company that develops, invests in, and sells renewable energy projects throughout North America.
• Advised renewable natural gas joint venture created by utility and global packaged goods company on capacity sharing agreement in North Carolina and related project agreements.
• Representation of Dominion Energy in the sale of a 50% ownership interest in an operating 264 MW wind farm in West Virginia to Castleton Commodities and in the payoff of permanent financing in place for the project.
• Representation of a regulated utility affiliate in the sale of a 7.5 MW hydroelectric project in Bedford and Amherst Counties, Virginia.
• Representation of a developer in sale of 250 MW wind project in Kingfisher County, Oklahoma.
• Representation of a developer in the sale of a 300 MW wind project in Clay and Dickinson County, Iowa to a public utility company.
• Representation of a wind developer in the pending sale of a 300 MW wind project to a Minnesota-based utility holding company.
• Representation of a regulated utility affiliate in the acquisition of a 15 MW solar project in Middlesex County, VA
• Representation of a developer in the acquisition of a 360 MW wind farm in the north Texas Panhandle.
• Representation of a developer in the acquisition of a 175 MW wind farm in Lincoln, IL.
• Representation of a developer in the acquisition of a 130 MW wind farm in Sangamon County, IL.
• Representation of a utility acquirer in acquisition of 19 MW utility scale solar project in Isle of Wight County, VA.
• Representation of a utility acquirer in acquisition of 17 MW utility scale solar project in King William County, VA.
• Representation of a utility acquirer in acquisition of 17 MW utility scale solar project in Powhatan County, VA
• Representation of an acquirer in several solar and renewable energy purchase transactions, including the acquisition of:
  • 5 MW utility scale solar generation facility in Connecticut and related construction management agreement;
  • 20 MW utility scale solar generation facility in California and related construction management agreement;
  • 31 MW utility scale solar generation facility and 1 MW carport structure in California and related construction management agreement;
  • 20 MW utility scale solar generation facility in California and related construction management agreement;
  • 18 MW solar generation facility in Kern County, California; and
  • 20 MW solar generation facility in San Bernardino County, California.
• Representation of the sponsor in connection with the acquisition, tax equity financing and debt financing of, and hedging arrangements for a 105 MW wind farm located in northwest Ohio.
• Representation of the developer in connection with the sale of a 150 MW wind project in Cameron County, Texas.

Other Notable M&A Transactions

• Representation of CMA CGM Group in its acquisition of two major terminals in the Port of New York and New Jersey from GCT Global Container Terminals Inc.
• Representation of a NYSE-traded government contracting business in cash tender offer going private transaction.
• Representation of a leading provider of satellite-based global voice and data communication products and services for the aviation industry, in its sale to publicly traded buyer.
• Representation of a heat transfer, fluid handling and separation technologies manufacturer in various acquisitions including wet surface air cooled heat exchanger technology provider, custom engineered air cooled heat exchanger manufacturer, dehumidification parts and supplies manufacturer, tank cleaning equipment manufacturer and mud mixing and drilling manufacturer.
• Representation of a southeastern United States-based commercial truck driver staffing business in strategic divestiture.
• Representation of an owner of a prominent, regional retail grocery chain in its asset sale to a publicly-held international retail grocery company.
• Representation of a manufacturing company in its sale of assets to a Spanish public company for approximately $35 million.
• Representation of a private equity group in the sale of a portfolio company in the consumer products industry.
• Representation of owners of a company in connection with the sale of its comprehensive HVAC installation, service, maintenance, repair, and system replacement business to publicly held buyer.
• Representation of a private equity client in acquisition of food processing manufacturer.
• Representation of a private equity client in acquisition of retail data analytical company.
• Representation of a private equity client in acquisition of restaurant chain.
• Representation of a global transportation industry manufacturer and supplier in Section 363 acquisition of trailer axle and suspension assembly manufacturer.
• Representation of a global transportation industry manufacturer and supplier in acquisition of commercial freight and trucking suspension manufacturer and distributor in the United State, Mexico and South Korea.

*Selected matters above were handled by Mr. Hughes prior to joining McGuireWoods LLP.