David E. Owen

  • Partner
  • Edavid.owen@lw.com
  • 1271 Avenue of the Americas
  • New York, NY 10020
  • USA
  • T +1.212.906.4503
  •  
 

Profile

David E. Owen advises private equity firms and strategic investors on their most complex M&A transactions and joint ventures.

A versatile practitioner, Mr. Owen handles mergers, acquisitions, and sales across diverse industries, with a particular focus on the energy and healthcare sectors. He regularly executes deals involving renewable energy projects at all phases of development, construction, and operation.

Mr. Owen draws on his prior experience advising on debt and equity financing transactions and corporate restructurings to help develop and effectuate complex M&A structuring solutions. He is particularly adept at navigating matters involving consortiums of equity investors through his extensive joint venture work.

Experience

Mr. Owen’s experience includes advising:

  • ArcLight Capital Partners in its:
    • Sale of Leeward Renewable Energy, a North American renewable energy company
    • Joint venture with Blackstone and its acquisition of four power plants from American Electric Power
    • Acquisition of substantially all of the natural gas production and midstream assets from Energy Corporation of America
    • Acquisition of Diamond Clematis Energy’s wind assets
    • Acquisition of the US natural gas and liquids pipelines and processing facilities of BP Americas
    • Acquisition of Hovensa’s storage terminal assets in the Gulf of Mexico
    • Acquisition of Infigen Energy’s US wind assets
  • Ares Climate Infrastructure Partners in its:
    • Acquisition of Ford Ridge Wind, a 121-MW wind energy project in Ford County, Illinois, from Apex Clean Energy
    • Investment in DSD Renewables, a C&I solar developer
  • Ares EIF in its:
    • Sale of the Aviator wind project to CMS Energy and Kansai Electric Power Co. 
    • Acquisition of the Trinity Hills, Sherbino II, and Silver Star wind power projects from BP Wind North America
    • Acquisition of a wind power facility with an approximately 525-MW nameplate capacity located in Coke County, Texas
    • Sale of 90% of its equity interests in Phoenix Wind, a portfolio of three operating utility-scale wind facilities in Texas, to Texas Wind Repower HoldCo, L.P., a consortium led by Concord Infrastructure Investments, LLC  
    • Sale of its cash equity interest in IGS Solar
  • Ørsted in its acquisition of the Muscle Shoals solar project, a 294-MW project in Colbert County, Alabama
  • Innergex Renewable Energy in its:
    • Joint venture with Hydro-Quebec to acquire the Curtis Palmer hydroelectric portfolio
    • Sale of its interest in the 203-MW Shannon wind facility
    • Sale of its interest in the 200-MW Flat Top wind facility
  • Energy Capital Partners in its:
    • Sale of a large minority stake in EnergySolutions to TriArtisan Partners
    • Acquisition of a majority interest in Sunnova Energy, a leading provider of residential solar panel services
    • Sale of portfolio company Energy Solutions’ projects, products, and technology division to WS Atkins PLC
  • ECP Environmental Growth Opportunities in its proposed merger with Fast Radius 
  • Avenue Capital and a consortium of other investors in the sale of Coso Geothermal Power Holdings, LLC, a 135-MW geothermal power plant in California, to Atlantica Sustainable Infrastructure plc 
  • Castleton Commodities International in its sale of NedPower Mount Storm, a 264-MW wind farm, to Clearway Energy
  • Panda Power Funds in its:
    • Sale of Panda Hummel, a natural gas-fueled power generation project, to LS Power Equity Advisors, LLC
    • Sale of Liberty and Patriot, two natural gas-fired power generation project companies in Pennsylvania, to Hamilton Holdings, a joint venture among EIG Global Energy Partners, the Carlyle Group, and Cogentrix Energy Power
  • Leonard Green & Partners in its:
    • Sale of MDVIP, a national leader in membership-based, personalized primary healthcare
    • Acquisition of WCG Market Intelligence & Insights, a provider of regulatory and ethical review services for human research
    • Sale of US Renal Care, a provider of renal dialysis services to patients suffering from chronic kidney failure and renal disease
    • Acquisition of Press Ganey, a provider of patient satisfaction surveys and related services, as part of a consortium of investors
    • Acquisition of Pro Mach, a designer, manufacturer, and seller of packaging and processing products
    • Sale of CCC Information Services, a software-as-a-service (SaaS) provider to the automotive, insurance, and collision repair industries
    • Acquisition of DSI Renal through its portfolio company US Renal Care
  • Ares Corporate Opportunities Fund in its acquisition of the Lockwood Group, a healthcare communications firm, from the Lockwood Group’s founder
  • Arch Coal in its sale of Appalachia-based mining subsidiaries to Revelation Energy
  • Electric Lightwave (fka Integra Telecom), a provider of infrastructure and telecom services, in its sale to Zayo Group Holdings
  • GVC Holdings (USA) in its online and mobile gaming joint venture with MGM Sports & Interactive Gaming
Recommended for Energy Transactions - ConventionalThe Legal 500 US 2021
Bar Qualification
  • New York
Education
  • J.D., Boston University School of Law, 2008
    cum laude
  • AB, Brown University, 2004
Industries
  • Energy & Infrastructure
Practices
  • Mergers & Acquisitions
  • Private Equity