Deal Description: Griddy Energy (“Griddy”), the pioneer of direct-to-consumer wholesale electricity in Texas, announced the entry into an agreement with Macquarie Energy, a subsidiary of the Macquarie Group, to provide a wholesale supply facility and investment capital to support Griddy’s growth and market expansion.
Griddy also announced the appointment of Michael Fallquist as Chief Executive Officer, Christian McArthur as Chief Operating Officer and Roop Bhullar as Chief Financial Officer.
Baker Botts is representing Griddy Energy in connection with the financing and investment.
Baker Botts Lawyers/Office Involved:
Finance: Martin Toulouse (Partner, New York); Elaine Walsh (Partner, Washington, D.C.); Matt Fusina (Senior Associate, Washington, D.C.); Taylor Courtade (Associate, Dallas)
Corporate: Bryan Henderson (Partner, Dallas); Ray Palmer (Associate, Dallas); Victor Ochieng (Associate, Dallas); Elise Wang (Legal Intern, Dallas)
Tax: Steve Marcus (Partner, Dallas)
For more information, please see Griddy Energy’s news release by clicking here.
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