December 04, 2020
Latham & Watkins LLP has received recognition from Law360 as a 2020 Energy Practice Group of the Year. The annual awards program honors firms "behind the litigation wins and major deals that resonated throughout the legal industry.”
In the feature story, Law360 highlighted Latham’s Energy & Infrastructure Industry Group’s ability to “ handle any transactional, regulatory or dispute-based matter” across the energy spectrum.
Law360 showcased Latham’s representation of the underwriters on the US$25.6 billion Saudi Aramco initial public offering which was the largest initial public offering to date.
The publication discussed the firm’s renewable energy work as well mentioning Latham’s representation of Ørsted, an offshore wind company, on the development and tax equity financing of its first utility-scale solar plus battery storage project.
Eli Katz, Global Vice Chair of the firm's Energy & Infrastructure Industry Group, stated that, “Renewable, broadly wind and solar, has been a tremendous growth area for us in the energy sector. The independent ranking organizations say we do more renewable transactions than any other law firm in the world.”
In addition, Law360 mention Latham’s representation of Occidental in its US$1.3 billion divestiture of land grant assets, as well as, Alta Mesa in its Chapter 11 bankruptcy. The firm also worked with a consortium investing in Abu Dhabi National Oil Company gas pipeline assets valued at US$20.7 billion.
Law360 also noted Latham’s robust team and forward leaning mentality with a “keen focus on diversification.. to help clients reach their lofty goals.”
“To be a leading practice in the energy and infrastructure space these days, one needs to be geographically diversified — in the Americas, in Europe, the Middle East and Asia — and have good sector diversification,” said Conrad Andersen, Global Vice Chair of the firm's Energy & Infrastructure Industry Group.
In terms of the future and the energy transition, Justin Stolte, Global Chair of the firm’s Energy & Infrastructure Industry Group emphasized the firm’s “all of the above approach” on energy and infrastructure, noting that “[w]e see our clients evolving and we are evolving with them.”