White & Case, alongside Willkie and Milbank, has been tapped to handle NRG Energy Inc.’s $12 billion acquisition of natural gas-fired power plants from LS Power Equity Advisors LLC. This transaction showcases the collaboration of major legal players in the energy sector and signals significant consolidation within the industry.
Leading the charge for NRG was White & Case partner Thomas Christopher, who specializes in mergers and acquisitions. Meanwhile, LS Power relied on Willkie Farr & Gallagher, with corporate and financial services partner Adam Turteltaub spearheading their team alongside Milbank LLP. The structure of this complex deal underscores the role of elite firms in navigating high-stakes energy transactions. Fried Frank advised Citi and Goldman Sachs, the principal M&A advisers to NRG.
For more details on the firms’ respective roles and insights into this major transaction, read the Bloomberg Law report here.