David J. Passarelli

David Passarelli concentrates his practice on mergers and acquisitions and financings across various segments of the energy sector, including renewable and fossil fuel energy generation; electricity transmission; and upstream, midstream and downstream oil and gas and oilfield services.

Mr. Passarelli has more than 15 years of experience representing private and public companies across the energy sector in negotiating transactions, including mergers and acquisitions, financings, minority investments, joint ventures and commercial contracts. His clients have included financial institutions, private equity sponsors, industrial companies, exploration and production companies, LNG companies, independent power providers, oilfield services companies, pipeline and transmission operators, utilities and funds. He has significant experience representing developers and investors in financing, acquiring, selling and constructing energy generation assets.

Significant representations include:

• Ball Corporation in its $3.4 billion divestiture of assets to Ardagh Group to satisfy certain regulatory requirements in connection with its acquisition of Rexam plc
• Brookfield Asset Management in connection with its:
  • $13.3 billion take-private acquisition of Triton International, a global supplier of intermodal containers
  • $2.4 billion acquisition of a 19.9% stake in FirstEnergy Transmission
• D.E. Shaw Renewable Investments (DESRI) in the $1.7 billion acquisition of a significant minority stake by Macquarie Asset Management
• Devon Energy in its $6 billion acquisition of the Eagle Ford assets of GeoSouthern Energy
• Duke Energy in the $2.8 billion sale of its unregulated utility scale Commercial Renewable business to Brookfield Renewable
• Enel Green Power North America in its:
  • $250 million acquisition via a tender offer of EnerNOC, Inc.
  • acquisition of eMotorWerks, a privately held developer of electric vehicle charging equipment and related smart-grid technologies
• MN8 Energy in connection with a warehouse credit facility
• New Fortress Energy in its $5 billion acquisition of Hygo Energy Transition and Golar LNG Partners
• Occidental Petroleum Corporation in its joint venture with Magellan Midstream Partner to develop, construct and operate a $1 billion crude oil pipeline in Texas
• Ontario Power Generation in its acquisition of Eagle Creek Renewable Energy
• OPC Energy as lead consortium investor in the $685 million acquisition of Competitive Power Ventures from Global Infrastructure Partners
• PPL Corporation in its $3.8 billion acquisition of The Narragansett Electric Company from National Grid
• SunEdison in connection with the sale of its Latin American platform, which included projects in Chile, Brazil, Uruguay and Mexico