Troutman Pepper Locke Marks 100 Days as a Combined Firm with Notable Energy Sector Achievements

Celebrating a Milestone: Troutman Pepper Locke's First 100 Days

Troutman Pepper Locke proudly embraces a significant milestone as it concludes its first 100 days as a combined legal entity, following the successful merger of Troutman Pepper and Locke Lord. This new partnership has already shown promising results, particularly in the energy sector where the firm has significantly expanded its influence and service capacity.

Forming a robust infrastructure composed of over 220 attorneys, the firm is now capable of offering a diverse array of solution-oriented services that address the evolving needs of clients. The merger has enhanced their position as a trusted advisor within the energy industry, a commitment firmly echoed by John Leonti, a partner and co-leader of the firm's Energy Industry Group. He states, "The combination of both legacy firms has been a remarkable success, enhancing our ability to serve our clients with even greater depth and breadth."

Delivering on Promises

In the initial quarter following the merger, Troutman Pepper Locke has demonstrated its capability to manage and represent clients in a wide range of transactions. A significant achievement includes successfully navigating over 30 deals exceeding $10 billion. This includes notable mergers and acquisitions, alongside essential regulatory, real estate, and environmental support service agreements. This level of activity reaffirms the firm's stature as a key legal partner in this crucial industry.

One of the firms’ prominent accomplishments involves facilitating the acquisition of Moonrise Midstream by Summit Midstream Corporation, worth $90 million, a deal showcasing the effective integration of resources and expertise post-merger. This extraordinary deal involved $70 million in cash and $20 million in Summit Midstream equity, reinforcing Troutman Pepper Locke's reliability in handling substantial transactions deftly.

Furthermore, the firm provided counsel to Hull Street Energy, aiding in their acquisition of six units from Elwood Energy, thus proving its adeptness at supporting private equity initiatives in the decarbonizing power sector. These cases reflect not only the trust clients put in their services but also underline the seamless transition into a unified operation dedicated to the nuances of energy-related challenges.

A Vision for the Future

The firm’s commitment to excellence does not only rest on the immediate successes but rather extends towards a comprehensive approach to servicing the energy sector’s evolving demands. Bill Swanstrom, co-leader of the Energy Industry Group, elaborates, "With our unwavering commitment to client service, innovative solutions, and long-standing relationships, we've created an energy powerhouse, guiding clients through complexities and growth opportunities with unmatched experience and insight."

Troutman Pepper Locke's history of supporting the energy industry has spanned over a century, making them a staple in the legal landscape across all 50 states, Washington D.C., and Puerto Rico. Their multidisciplinary approach remains integral in addressing client needs, whether in development and finance, mergers and acquisitions, or environmental matters.

Moreover, the firm’s expertise significantly covers electric power, oil and gas, hydropower, and emerging technologies, positioning them strategically to assist various industry players, from utilities to private equity funds. Their extensive network and knowledge ensure they remain at the forefront of the sector, providing essential legal support and guidance.

Looking Ahead

As Troutman Pepper Locke continues to innovate and adapt, their ongoing strategy remains focused on fostering growth and success for their clients. The first 100 days as a combined entity is just the beginning; the firm is poised for significant impacts on the energy industry while reinforcing their legacy as a reliable legal partner in complex and critical commercial challenges.

Troutman Pepper Locke equips clients with unparalleled support to navigate the legal landscapes of an ever-evolving energy market. For more insights and updates, visit energylawinsights.com.

For further information on this topic and other legal developments within the energy sector, please visit Troutman Pepper Locke’s official website at troutman.com.