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Latham & Watkins Represents Mercuria Energy Trading in Sale of Beyond6

November 18, 2022
Multidisciplinary team advised the independent energy and commodity groups operator on the sale that helps support a lower carbon future through the expansion of renewable fueling solutions nationwide.

Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), announced it has signed a definitive agreement to acquire full ownership of Beyond6, LLC (B6) and its network of 55 compressed natural gas stations across the United States from Chevron’s current B6 co-owners, a subsidiary of Mercuria Energy Trading (Mercuria) and B6 CEO Andrew West.

Latham & Watkins LLP represented Mercuria in the transaction with a corporate deal team led by Houston partner James Garrett, with associates Justin Thekkekara, Zainab Hashmi, and Justin Reinking. Advice was also provided on finance matters by Houston counsel Bryce Kaufman; on tax matters by Houston partner Bryant Lee, with associate Dylan White; on antitrust matters by Washington, D.C. partner Jason Cruise and Washington, D.C. counsel Peter Todaro; on executive compensation, employment and benefits matters by Washington, D.C. partner Adam Kestenbaum; on energy contracting related matters by Washington, D.C./New York partner David Penna; and on insurance matters by San Diego partner Drew Gardiner, with associate Steven Lesan.