Hogan Lovells advises XPLR in US$1.1 billion Meade Pipeline deal

XPLR (formerly NextEra Energy Partners) is an affiliate of NextEra Energy, a Fortune 200 company, and one of the leading electric power and energy infrastructure companies in North America.

Meade Pipeline owns approximately 40% of the Central Penn Line, a FERC-regulated, 180-mile pipeline that transports natural gas from production zones in the Marcellus and Utica Shale in Northeast Pennsylvania to demand centers in the Northeast, Mid-Atlantic and Southeast via interconnection with Williams Companies’ Transcontinental Gas Pipe Line.

The Hogan Lovells deal team was led by partner Greg Hill (M&A, Houston), senior associate Josh Ling (M&A, Houston), and associate Swati Parashar (M&A, Houston). Support was provided by partners Steven Schneider and Cristina Arumi (both Tax, Pensions & Benefits, Washington, D.C.), Greg Junge (Energy Regulatory, Washington, D.C.), Matt Schernecke (Banking & Loan Finance, New York), Edward So and Emil Arca (both Capital Markets, New York), Robert Baldwin (Antitrust, Competition and Economic Regulation, Washington, D.C.), Niki Roberts (M&A, Houston), Aaron Crane (Litigation, Houston), counsel Catherine Bratic (International Arbitration, Houston), senior associates Allison Hellreich (Energy Regulatory, Washington, D.C.), Jason Sloan (Banking & Loan Finance, New York) and Dylan Hays (Tax, Pensions & Benefits, Washington, D.C.), associate Russell Tan (Litigation, Houston), and law clerk Ana Pongeluppi (Capital Markets, New York).

J.P. Morgan served as financial advisor to XPLR.