News Releases

Baker Botts Represents Financial Advisor in Business Combination of Bluescape Clean Fuels, LLC and CENAQ Energy Corp.


Deal Description:  On August 12, 2022, CENAQ Energy Corp. (“CENAQ”), a special purpose acquisition company focused on energy and energy transition, and Bluescape Clean Fuels, LLC (“BCF”), a private company positioned to be a leading supplier of gasoline derived from renewable feedstocks, announced the signing of a definitive business combination agreement (such transactions contemplated thereby, the “Business Combination”).  Upon closing of the Business Combination, the combined company will be named Verde Clean Fuels, Inc. (“VCF”), and VCF will own the assets of BCF and is expected to become publicly listed on the NASDAQ under the symbol “VGAS.”

Baker Botts represented Imperial Capital, LLC in its capacity as financial advisor.

Client: Imperial Capital, LLC

Baker Botts Lawyers/Office Involved:

Corporate: Douglas Getten (Partner, Houston); Garrett Hughey (Senior Associate, Houston); Parker Hinman (Associate, Houston); William Cozzens (Associate, Houston); Austin Lee (Associate, Houston)

Tax: Michael Bresson (Partner, Houston) and Jared Meier (Senior Associate, Houston)

Employee Benefits: Jason Loden (Partner, Dallas)

For more information, please see BCF’s news release here.

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