We Know Energy. As a result, we represent our clients at the forefront of the regulatory, policy and transactional opportunities and challenges presented by the energy transition and the technological innovation that drives it. This next phase of cleaner and more efficient energy development, generation, distribution, efficiency and conservation requires multi-disciplinary excellence at the intersection of environmental law, tax, tax policy, energy market regulation, intellectual property, finance, project development, and energy transactions. Bracewell is uniquely suited to guide our clients through emerging federal and state incentives and regulations such as carbon management and clean energy standards, as well as the shifting expectations related to environmental and social governance policies. Our depth of understanding of the energy industry, attention to developing technology and continuous analysis of legal and government policy issues sets us apart in helping clients to navigate the energy transition.
Unique among law firms, our Policy Resolution Group houses substantive excellence on these policy developments, as well as key relationships with people inside the federal government shaping the relevant policies, including the White House, the Council of Environmental Quality, the Congressional committees of substantive jurisdiction, and the key Executive Branch agencies (e.g., the Department of Energy, Environmental Protection Agency, the Department of Interior, and the Treasury Department).
Recent Notable Matters
Hilcorp Energy Company — hybrid upstream and midstream joint venture with an affiliate of NRG Energy for purposes of utilizing captured CO2 for an enhanced oil recovery project conducted on South Texas oil and gas assets
Sysco Corporation — $1 billion offering of sustainability bonds
Harvest Midstream Company — $1.125 billion acquisition from Williams Partners L.P. of certain assets in the Four Corners area, including over 3,700 miles of pipeline, two gas processing plants and a CO2 treating facility
Kinder Morgan, Inc. — acquisition of wells and leasehold located in C CO2 Flood Unit producing from Wolfcamp formation, consisting of approximately 125 producing wells and more than 30 Bcf of injected CO2 in place
Leading producer of LNG — potential CO2 sequestration project in Texas
Broad-based coalition of electric utilities — government relations and strategic communications to ensure continued viability of diverse, affordable and reliable electric power supply in the United States*
Ad Hoc coalition of biofuels trade associations — federal tax legislative services to ensure extension of current production incentives and depreciation treatment for biofuels that blend into gasoline, and explore possible next generation federal incentives.*
National trade association representing biofuels that blend into diesel-type fuels — federal tax legislative services representing a national trade association that resulted in enactment of a stable, long-term extension of critical production and blending incentives.*
Ad Hoc coalition of trade associations seeking extension of temporary tax credits — coordinated the so-called “Tax Extenders Coalition”, including many national energy sector trade associations, in ultimately successful effort to secure congressional approval of retroactive extension of temporary tax provisions.*
Ad Hoc coalition of renewable electricity trade associations — worked with association and company tax and government relations personnel in Washington, DC, to educate lawmakers and Administration officials on the public benefits of providing tax support to biomass; hydropower; geothermal and waste to energy facilities.*
*Work completed prior to joining Bracewell