Elaine is the Partner-in-Charge of Baker Botts' Washington, D.C. office, the Washington, D.C. Global Projects Department Chair, and the firmwide Power Practice Chair. Elaine counsels clients regarding energy company mergers, energy asset acquisitions, divestitures and investments, as well as, the development of electric generation and fuel transportation and storage projects. She advises independent power producer, renewable energy, oil and gas companies, utility, coal company and power marketer clients in electricity and fuel trading and marketing activities. She negotiates physical and financial power, fuel, cross-commodity and retail supply contracts.
Elaine was recognized as a Band 1 lawyer for Energy: Electricity Transactional (Chambers USA 2021), which noted that "She's good at getting people to come around and understand the nuances...She's able to home in on what's most important." In Chambers USA 2018 - a client commended her as "very business-savvy, commercially minded and sharp."
Related Experience
Mergers & Acquisitions
- BKV-BPP Power's purchase of the Temple I generating facility
- Private equity fund's purchase of Foundation Solar Partners
- Private equity fund's purchase of 31 hydroelectric projects in the U.S.
- Private equity fund's investment in brownfield energy terminal with 485 MW on-site generation and data center campus
- NRG's acquisition of over 12 retail energy businesses, including Direct Energy, Reliant Energy, Stream Energy, Cirro Energy, EnergyPlus, and Green Mountain Energy
- Independent power producer's sale of its residential solar business
- NRG's acquisition of 2.1 GW of solar and wind utility scale and distributed generation portfolios from SunEdison
- NRG's sale of its Canal 3 gas-fired generation project to Stonepeak
- NRG's $2.6 billion acquisition of Edison Mission Energy in bankruptcy
- Independent power producer's unwinding of four sale leaseback transactions for several generating facilities in the Midwestern U.S.
- Independent power producer's asset swap for Mid-Set, Salina River, Sargent Canyon, Sunrise, and Sycamore cogeneration projects
- Consolidated Edison Solutions' sale of its competitive retail business to Exelon
- Crius Energy's purchase of USG&E, a national energy retailer
- An institutional investor's acquisition of an interest in the West Deptford power project
- NRG's acquisition of the 550 MW Gregory Power cogeneration facility in Corpus Christi, Texas
- Crius Energy's purchase of TriEagle Energy, a national energy retailer
- An institutional investor's participation in the acquisition of the Polaris Generation portfolio from Energy Investors Funds
- Constellation's $7.9 billion merger with Exelon
- National Grid's sale of its shale gas business to PDC Mountaineer
- BP's divestitures of several midstream assets
- NRG's sale of its Padoma Wind portfolio to Enel North America
- Macquarie's selldown of its district energy business to John Hancock
- DTE's acquisition and conversion to biomass of the Stoneman generating facility
- Constellation's acquisition of AES NewEnergy
Development & Trading
- Structured JVs for the development of battery storage, biomass, solar and wind generation facilities
- Development of 1,600 MW coal-fired generation facility
- Development of a start-up retail and wholesale energy marketers
- Regularly negotiate electricity, capacity, natural gas, crude, fuel oil, propane, coal, petroleum coke, transportation, steam, renewable energy credit and emissions allowance and offset agreements
- Negotiated $25 million swap based on availability of nuclear generating facility
- Negotiated secured swaps to complete financing of $1.7 billion acquisition of power plant portfolio
- Advise wholesale and retail clients on energy management agreements, credit sleeves, PPAs, and structured trades
- Represent developers in interconnection, O&M agreements, transition services agreements, shared facilities agreements, precedent agreements, EPC and energy management arrangements
Awards & Community
Recognized as a "Leading Lawyer" by The Legal 500 U.S., 2013, 2020, 2021, 2022 & 2023
Recognized in Chambers Global, 2013-2024
Recognized in Chambers USA, 2009-2023
Recognized as a Washington D.C.-Super Lawyer, 2013-2018
Transatlantic Elite, 2011 Star Partner
News
M&A Attorneys Anticipate 2024 Rebound Despite Challenges
Law360Law360
The Events That Have Shaped M&A Through A Volatile 2023
Law360Law360
Fueled by Energy Work and More, Baker Botts' Second Domestic Office Turns 50
National Law JournalNational Law Journal
ENGIE’s Acquisition of Broad Reach Power
Global Legal ChronicleGlobal Legal Chronicle
CDT Roundup: 17 Deals, 13 Firm, 202 Lawyers, $12.2B
The Texas LawbookThe Texas Lawbook
Baker Botts Represents Management Team of Broad Reach Power in Sale to ENGIE
BKV-BPP Power’s Acquisition of Second Natural Gas Power Plant in Texas
Global Legal ChronicleGlobal Legal Chronicle
CDT Roundup: 18 Deals, 14 Firms, 130 Lawyers, $4B
The Texas LawbookThe Texas Lawbook
Baker Botts Represents BKV-BPP Power in Acquisition of Second Natural Gas Power Plant in Texas
Can M&A Bounce Back After Dismal First Half Of 2023?
Law360Law360
Baker Botts Boosts Its Energy Sector Accolades and Energy Transition Acclaim
Baker Botts Earns a Number of Recognitions in The Legal 500 US
Baker Botts’ Band 1 Practice Rankings Increase by 27% in Chambers USA 2023
Baker Botts Earns 28 Practice Rankings and 44 Individual Rankings in Chambers Global 2023
Baker Botts Represents bp North America in its Agreement to Purchase EDF Energy Services
Baker Botts Furthers Its Accolades Across the Energy Sector
Baker Botts Increases Practice Rankings in The Legal 500 U.S.
Baker Botts Earns 45 Practice Rankings in Chambers USA 2022
CDT Roundup: 14 Deals, 12 Firms, 185 Lawyers, $7.3B
Texas LawbookTexas Lawbook
Baker Botts, Fox Rothschild Guide $750M BKV-Exxon Deal
Law360Law360
Baker Botts Represents BKV Corporation in its Acquisition of XTO Energy’s Barnett Assets
Baker Botts Earns Seven 'Band 1' Practice Rankings and a 20% Increase in Individual Lawyer Rankings in Chambers Global 2022
Baker Botts Successfully Obtains Adjustment of Status to Lawful Permanent Resident for Salvadoran Man in Pro Bono Representation
Baker Botts Continues to Soar in Power and Renewables Rankings
Baker Botts’ Transactional Practices Shine in Legal 500 and Chambers USA Rankings
Baker Botts Expands Top Rankings Across Entire Spectrum of the Energy Sector
Baker Botts Continues Ascent Up Legal 500 US Rankings
Hull Street Energy’s Acquisition of Foundation Solar Partners
Global Legal ChronicleGlobal Legal Chronicle
Baker Botts Represents Hull Street Energy in Acquisition of Foundation Solar Partners
Baker Botts’ Practices and Lawyers Take More Top Spots in Chambers USA 2021
CDT Roundup: 16 Deals, 10 Firms, 155 Lawyers, $10.4B
Texas Lawbook, TheTexas Lawbook, The
Southern Company Gas' Sale of Its Wholesale Natural Gas Marketing and Trading Business
Global Legal ChronicleGlobal Legal Chronicle
Law Firms in Oil Country See Green in Renewable Energy Clients
Bloomberg EnvironmentBloomberg Environment
Baker Botts Advises Southern Company Gas in Sale of Its Wholesale Natural Gas Marketing and Trading Business
Baker Botts Names Partners-In-Charge In Austin, DC
Law360Law360
CDT Roundup: 27 Deals, 15 Firms, 244 Lawyers, $13.9B
Texas Lawbook, TheTexas Lawbook, The
Baker Botts Names New Partners-in-Charge in Washington, D.C. and Austin
Baker Botts Represents Hunt Energy Network in Formation of New Energy Storage Venture
Baker Botts Scores Six “Band 1” Rankings in Chambers Global 2021
CDT Roundup: 15 Deals, 9 Firms, 113 Lawyers, $4.3B
Texas Lawbook, TheTexas Lawbook, The
Griddy Energy's Financing Agreement With Macquarie Energy
Global Legal ChronicleGlobal Legal Chronicle
Baker Botts Represents Griddy Energy In Connection With Its Agreement for New Wholesale Supply Facility and Investment Capital
Baker Botts Named "Energy Practice Group of the Year" by Law360 for Second Consecutive Time
Energy Group Of The Year: Baker Botts
Law360Law360
Special Purpose Acquisition Companies (SPACs) for Clean Energy Platforms
Dynamo Energy HubDynamo Energy Hub
CDT Roundup: 9 Deals, 6 Firms, 67 Lawyers, $18.75B
Texas Lawbook, TheTexas Lawbook, The
Baker Botts Represents NRG Energy, Inc. in its Acquisition of Direct Energy for $3.625 Billion
Deal Diary: Cravath, Latham, Slaughters Work Direct Energy
Deal, TheDeal, The
3 Firms Shape NRG's $3.6B Direct Energy Buy
Law360Law360
Baker Botts, Latham Advise in NRG's $3.6B Acquisition of Direct Energy
Texas LawbookTexas Lawbook
Baker Botts Earns High Marks Across Energy Spectrum in Legal 500 US 2020
Baker Botts Achieves 80% Increase in Lawyer Recognitions in Legal 500 US 2020
Chambers Awards 16 Band-1 Rankings to Baker Botts Global Projects Department
Baker Botts’ Band-1 Lawyer Rankings Increase by 38% in Chambers USA 2020
Thought Leadership
Stimulus Package Provides Additional Relief to Businesses Including New Paycheck Protection Program (PPP); SBA Alters Original PPP Rules and Adds Rules For New PPP
Client UpdatesSpecial Purpose Acquisition Companies (SPACs) for Clean Energy Platforms
WebinarDynamo Energy Hub
Green SPACs
VideoFERC’s Landmark Storage Order Allowing Market Participation by Behind-the-Meter Resources Upheld by D.C. Circuit
Client UpdatesHouse Passes GREEN Act: Extends Renewable Energy Tax Incentives, Adds Direct Pay Option and MLP Eligibility
Client UpdatesClient Update
Moving Forward Act
VideoStates Toll Statutes of Limitations in Light of COVID-19, Impacting Litigation and Indemnity M&A Claims
Client UpdatesEnergy Update
Private Equity Guide - COVID-19: Private Equity Firms and Portfolio Companies
Client UpdatesCorporate Update
Power & Renewables Update: COVID-19 Issues Affecting Safe Harbored Solar Panels and Other Equipment
Client UpdatesPower and Renewables Update
2019 - A Year of Change for Worldwide Energy
Client UpdatesEnergy Update
Events
Upcoming
Recent
Baker Botts Energy Lawyer School
Platts Global Power Markets Conference
Platts Annual Global Power Markets Conference
Infocast Solar + Wind Finance & Investment Summit
Kayo Women's Power Markets Virtual Summit
Baker Botts is proud to be a sponsor of the 2020 Kayo Women's Power Markets Virtual Summit on February 2-3.