A Houston-based Mayer Brown team represented Criterion Energy Partners, Inc. in the acquisition of a 10,000-acre strategic geothermal lease on the Texas Gulf Coast. This is the company’s first acquisition in the state, and where it anticipates developing its first commercial project.
“Mayer Brown has a deep history in the energy sector and this deal is another example of our experience supporting entrepreneurs in the renewable energy sector,” said Kevin Shaw, senior counsel at Mayer Brown. “We are excited about the possibilities of geothermal energy and its influence on the energy transition.”
The Mayer Brown team included Banking & Finance senior counsel Kevin Shaw and Corporate & Securities associate Tanner Sykes.