News Releases

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

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)

 

ABOUT BAKER BOTTS L.L.P.
Baker Botts is an international law firm of approximately 750 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. Since 1840, 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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