Mercuria Invests in Black Bayou Energy Hub
Vinson & Elkins advised Mercuria, one of the world’s largest independent energy and commodities groups, in its investment in Black Bayou Energy Hub LLC (Black Bayou), an underground salt dome energy storage company based in Lafayette, Louisiana.
Black Bayou is developing a large-scale, underground energy storage facility in Cameron and Calcasieu Parishes in Louisiana, near the Louisiana/Texas border on the U.S. Gulf Coast. Mercuria’s investment in Black Bayou will progress the development of critical, flexible, and reliable energy infrastructure needed to support the transition to a sustainable global energy future.
The Vinson & Elkins team was led by partners Doug Bland and Damien Lyster, with assistance from associate Ryan Hoeffner; senior associate Paul Tamburro and associate Destiny Alliniece; partner Todd Way and senior associate Dan Henderson; and counsel Hal Taylor.
About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 13 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.
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