Kirkland Advises Constellation on Sale of Natural Gas Power Plant in ERCOT to LS Power

Kirkland & Ellis advised Constellation Energy Corporation (Nasdaq: CEG) on a definitive agreement whereby LS Power will acquire the Brazos Valley Energy Center (formerly known as the Jack Fusco Energy Center), a 606-megawatt natural gas-fired combined-cycle facility located outside Houston, Texas, from Constellation for $860 million. The transaction is expected to close in Q4 2026, subject to regulatory approval.

Read Constellation's press release

The Kirkland team included corporate lawyers David Feirstein, Kim Hicks, Mike Bassi and Claire Wolf; tax lawyers Mark Dundon and Rachel Malhiet; energy regulatory lawyers Andrew DeVore and Cassidy Hall; antitrust & competition lawyers Ian John, Todd Garcia and Jack Coles; environmental transactions lawyer Jim Dolphin; and debt finance lawyers Rachael Lichman, Charlie Martin and Will Zakhary.