Latham Advises Vistra Corp. on Sale of New England, New York Generating Assets

Northampton Capital Partners LLC (Northampton), an alternative asset management firm focused on infrastructure investments in the middle market targeting the energy, digital, and other critical infrastructure sectors, has announced that it has formed Winslow Power (Winslow) in partnership with Olympus Power, LLC (Olympus). Winslow has agreed to acquire three conventional power plants with a combined capacity of 752 MW from a subsidiary of Vistra Corp. Winslow’s acquisition involves three assets, including the 541 MW Casco Bay combined cycle facility in Veazie, Maine; Beaver Falls, a 108 MW dual‑fuel combustion turbine in Croghan, New York; and Syracuse, a 103 MW dual‑fuel combustion turbine in Solvay, New York.

Latham & Watkins LLP represented Vistra Corp. in the transaction, with a corporate deal team led by Houston partner Trina Chandler and New York partner Caroline Phillips, with associates Rebekah Bingham, Taylor Allison, Stacey Hall, Caroline Silverstein, Johnny Zhuang, and Graysen Mechler. Advice was also provided on regulatory matters by Washington, D.C. partner Natasha Gianvecchio and counsel Jamie Blackburn, with associate Alexandra Holmes; on environment, land, and resources matters by Washington, D.C. partner Stacey VanBelleghem, with associates Jacqueline Zhang and Phil Goldberg; on tax matters by Houston partner Christine Mainguy, with associate Nolon Blaylock; on intellectual property matters by Silicon Valley/San Francisco partner Michelle Gross, with associate Preeta Reddy; on project development and finance matters by San Diego partner Seth Richardson, with associate Kyle Pascucci; on insurance matters by Los Angeles partner Drew Levin, with associate Enrique Covarrubias; on finance matters by Boston partner Susan Parker; and on data privacy matters by Houston partner Robert Brown, with associates Stuart Cobb and Jack Bergantino.