News Releases

Baker Botts Advises Southern Company Gas on Sale of Elizabethtown Gas and Elkton Gas to South Jersey Industries in $1.7 Billion Deal

Release
Deal Description: Southern Company and Southern Company Gas today announced that Pivotal Utility Holdings, Inc., a subsidiary of Southern Company Gas, has entered into agreements to sell the assets of its utility operating divisions Elizabethtown Gas and Elkton Gas to South Jersey Industries in an all-cash transaction with an enterprise value of approximately $1.7 billion. Southern Company Gas is a subsidiary of Southern Company.
 
For more information on the transaction, see the press release
 
Baker Botts represented Southern Company Gas in the transaction. 
 
Baker Botts Lawyers/Office Involved: 
Corporate: William Lamb (Partner, New York); Courtney Fore (Senior Associate, Austin); Allison Lancaster (Associate, Austin).
Employee Benefits: Mark Bodron (Partner, Houston); Stephanie Jeane (Associate, Washington)
Tax: Chris Morales (Senior Associate, Houston) 
Real Estate: Jeremy Gott (Partner; Dallas); Patrick Matthews (Senior Associate; Dallas)
Finance: Martin Toulouse (Partner; New York)
Environmental: Paulina Williams (Senior Associate; Austin)
Global Projects: Gregory Wagner (Partner, Washington), Kyle Henne (Associate, Washington)

 

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Baker Botts is an international law firm of approximately 725 lawyers practicing throughout a network of 14 offices around the globe. Based on our experience and knowledge of our clients' industries, we are recognized as a leading firm in the energy and technology sectors. Since 1840, we have provided creative and effective legal solutions for our clients while demonstrating an unrelenting commitment to excellence. For more information, please visit bakerbotts.com.

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