Latham & Watkins Advises ContourGlobal on Acquisition of Portfolio of Contract Operating Power Plants in the US and Trinidad and Tobago

On February 18, 2021, London Stock Exchange listed and FTSE constituent ContourGlobal plc (ContourGlobal) announced the completion of its acquisition of a portfolio of natural gas fired and combined heat and power assets totaling 1,502 MW located in the US and Trinidad and Tobago from Western Generation Partners, LLC for US$837 million.

Latham & Watkins represented ContourGlobal in the transaction with a corporate deal team led by New York partner Christopher Cross and Houston partner Lauren Anderson, with New York associates John Karantonis, Daley King, JC Kim, and Matthew Lee. Advice was also provided on finance matters by San Diego partner Omar Nazif and San Diego counsel Seth Richardson, with New York associate Brad Warner and San Diego associates Mary Nicoletta and Michael Grega; on regulatory matters by Washington, D.C. partner David Schwartz and Washington, D.C. of counsel Michael Gergen, with Washington, D.C. associate Chris Randall; on benefits and compensation matters by New York partner Bradd Williamson, with New York associate Alisa Hand; on FCPA regulatory and compliance matters by Washington, D.C. partner Erin Brown Jones and Los Angeles counsel Katherine Sawyer; on insurance matters by Los Angeles partner Drew Levin, with Los Angeles associate Harrison White; on real estate matters by San Diego partner Robert Frances, with San Diego associate Aaron Friberg; on environmental matters by Washington, D.C. partner James Barrett and Los Angeles counsel Joshua Marnitz, with Washington, D.C. associate Zaheer Tajani; on tax matters by Los Angeles and Century City partner Pardis Zomorodi; on trade controls and sanctions matters by Washington, D.C. partner Les Carnegie, with Washington, D.C. associate Andrew Galdes; on CFIUS matters by Washington, D.C. partner Les Carnegie, with Washington, D.C. associate Zachary Eddington; on antitrust matters by Washington, D.C. partner Farrell Malone and Washington, D.C. counsel Peter Todaro; and on FCC matters by Washington, D.C. counsel Elizabeth Park.