Ryan Holcomb, chair of the firm’s power practice, represents clients in a wide variety of transactions in the electric power and oil and gas industries. He negotiates and documents acquisitions and divestitures of assets and companies, joint venture, financial and commodity hedge transactions for private equity investors, energy companies, utilities, financial institutions, and commodity trading businesses.
Ryan has been nationally ranked by Chambers & Partners’ Chambers USA in Energy: Electricity – Transactional (2015-2022) and Projects (2010-2013). According to Chambers USA, Ryan “has a wealth of experience in energy and power” (2015) and “is an outstanding lead deal counsel” (2016). Clients added “he is extremely commercial, very easy to work with and has good ideas and is solution oriented” (2015), and he “knows how to run a transaction very well” (2018).
Recent Notable Matters
Arroyo Energy Investment Partners LLC — sale of two US electric power generation investments, Brandywine and Broad River. The sale includes more than 1,100 MW of power generation.
Sol Systems — minority investment from KKR to scale Sol Systems’ Impact + Infrastructure approach and the formation of a strategic partnership with a commitment from KKR of up to $1 billion to acquire shovel-ready solar development projects
Phillips 66 — investment in a minority ownership stake in Shell Rock Soy Processing LLC, which is developing a soybean oil processing facility in Shell Rock, Iowa
Par Pacific Holdings, Inc. — acquisition of 100 percent of the equity interests in U.S. Oil & Refining Co. and certain affiliated entities for $358 million, including a 42,000 bpd refinery, a marine terminal and associated logistical system in Tacoma, Washington
Rockland Capital, LLC — acquisition of a portfolio of six generating plants with a combined generation capacity of 972.5 MW from AES Ohio Generation, LLC
Cheniere Energy, Inc. — formation of a joint venture with EIG Global Energy Partners for the development of the Midship pipeline project, an approximately 200 mile, 36-inch, FERC-regulated natural gas pipeline with capacity of up to 1,400 MMcf/day from the Scoop/Stack plays in Oklahoma to Bennington, Oklahoma
Entergy Louisiana LLC — build-and-sale agreement to acquire the Washington Parish Energy Center, a 361 MW natural gas-fueled electrical generation plant in Bogalusa, Louisiana, from Washington Parish Energy Center One, LLC, a wholly owned subsidiary of Calpine Corporation
Entergy Corporation and its subsidiaries, Entergy Arkansas, Inc., Entergy Gulf States Louisiana, L.L.C. and Entergy Texas, Inc. — $948 million acquisition of the Union Power Station, a 1,980-megawatt natural gas-fired power facility near El Dorado, Arkansas
Arroyo Energy Investment Partners LLC — acquisition of the Broad River Energy Center, an 847 MW natural gas-fueled electric generation plant located in Gaffney, South Carolina from affiliates of Energy Capital Partners
Rockland Capital, LLC — acquisition of 100 percent of the equity interests in Michigan Power LP, LLC, which owns a 125 MW natural gas-fired combined cycle cogeneration facility located in Ludington, Michigan, from affiliates of ArcLight Capital Partners, LLC
Entergy Corporation — sale of Entergy Solutions District Energy, LLC, a district energy heating and cooling business serving New Orleans, Louisiana and Houston, Texas to a subsidiary of Brookfield Infrastructure
Constellation Energy — acquisition of StarTex Power, an electric retail provider serving 170,000 residential and commercial customers in Texas
Rockland Capital, LLC — acquisition of three natural gas-fired generation facilities in Grand Tower, IL; Elgin, IL; and Gibson City, IL, with a combined capacity of 1,166 MW, from an affiliate of Ameren Corporation
Howard Midstream Energy Partners, LLC — purchase of northeast Pennsylvania gathering assets from Southwestern Energy Company for $500 million
Independent oil and natural gas exploration and production company — sale of six refined products storage and terminaling facilities located in Texas, Iowa, Wisconsin and Michigan to U.S. Venture, Inc.
Two financial institutions — purchase of a $1.1 billion volumetric production payment on Appalachian oil and gas properties and the related syndication thereof
JP Morgan Ventures Energy Corp — purchase of a volumetric production payment purchase from a subsidiary of Clayton Williams Energy, Inc. that burdens onshore properties in the Permian Basin
Entergy Corporation and its subsidiaries — sale of their 50 percent equity interests in Top Deer Wind Ventures, LLC, including an 80 MW wind-powered electric generating facility located in Worth County, Iowa and an 80 MW wind-powered electric generating facility located in Carson County, Texas, to Blue Marlin Energy Holdings, LLC
Rockland Capital, LLC — acquisition of the NCA2 Power Facility, a combined cycle cogeneration facility located in Clark County, Nevada, and the Pasco Power Facility, a dual-fuel combined cycle facility in Pasco County, Florida from affiliates of Quantum Utility Generation, LLC
Rockland Capital, LLC — acquisition of Shelby County Energy Center, a 352 MW natural gas-fueled electric generation plant located in Shelby County, Illinois from an affiliate of NRG Energy, Inc.
Atlantic Power Cooperation, John Hancock Life Insurance Company and Rockland Capital, LLC — $244 million sale of the 560MW combined cycle Gregory cogeneration plant in Corpus Christi, TX to NRG Energy, Inc.
Entergy Corporation — $459 million acquisition of the Hinds Energy Facility, a 450 MW natural-gas fired power generation facility, and the Hot Spring Energy Facility, a 620 MW natural-gas fired power generation facility, from subsidiaries of KGen Power Corp.
Entergy Corporation — sale of its Texas electric retail business to Direct Energy
Energy company — proposed joint venture for the development of a proposed 36-inch, 200 mile pipeline from Oklahoma to Texas
International pipeline company — proposed joint venture for the development of a liquefied petroleum gas unloading, storage and refrigeration facility in the Pacific Northwest