TotalEnergies SE (ENXTPA:TTE) signed an agreement to acquire Three gas-fired power plants of TexGen Power LLC for approximately $640 million on November 13, 2023. The three plants, which are connected to ERCOT (Electric Reliability Council of Texas), it comprises of The Wolf Hollow I plant; The Colorado Bend I; and The La Porte site. This transaction remains subject to approval by the relevant authorities. Joe Roger and Bradford Gathright led the Orrick team advising TotalEnergies. The team also included John Narducci, Jamie Larkin, Jason Flaherty, Darrell Thomas, Sue Cowell, Craig Falls, Kristin Petersen, Cory Lankford, Claudia Frost, Ryan Wooten, Patrick Kunkler, Jeanine McGuinness, Evgeniya Shakina, Mark Parris, Bob O'Connell, John Donaleski, Mae Ji and Spencer Cohen of Orrick acted as legal advisor to TotalEnergies. Jefferies LLC acted as financial advisor to TotalEnergies. PJT Partners acted as financial advisor to TexGen Power, LLC.

TotalEnergies SE (ENXTPA:TTE) completed the acquisition of Three gas-fired power plants of TexGen Power LLC for approximately $640 million.