News Releases

Baker Botts Represents Southern Power in Sale of Mankato Energy Center to Xcel Energy for $650 million

News Release

Deal Description: November 7, 2018 - Southern Power, a leading U.S. wholesale energy provider and subsidiary of Southern Company, announced late Tuesday that it has entered an agreement to sell the Mankato Energy Center to Xcel Energy for $650 million. 

Mankato, a natural gas combined-cycle generation facility, will have a maximum capacity of approximately 760 megawatts upon completion of an ongoing expansion project. The sale is subject to regulatory approval and other closing conditions and is expected to close mid-2019.  

Baker Botts was Southern Power’s primary outside counsel in this transaction.

Baker Botts Lawyers/Office Involved:

Corporate: Bill Lamb (Partner, New York); Jonathan Bobinger (Partner, Houston); Courtney Fore (Senior Associate, Austin); Susan Toumanian (Associate, Washington, D.C.); Allison Lancaster  (Associate, Austin)

Employee Benefits: Mark Bodron (Partner, Houston); Chris Pratt (Special Counsel, Houston)

Tax: Don Lonczak (Partner, Washington D.C.); Peter Farrell (Associate, Washington D.C.)

Real Estate: Joel Overton (Special Counsel, Dallas)

Environmental: Aileen Hooks (Partner, Austin); Paulina Williams (Special Counsel, Austin)

Global Projects: Stuart Solsky (Partner, New York)

 

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About Baker Botts L.L.P.
Baker Botts is an international law firm of approximately 725 lawyers practicing throughout a network of 14 offices around the globe. Based on our experience and knowledge of our clients’ industries, we are recognized as a leading firm in the energy and technology sectors. Throughout our 178-year history, we have provided creative and effective legal solutions for our clients while demonstrating an unrelenting commitment to excellence. For more information, please visit BakerBotts.com.

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