Bloomberg Law
May 6, 2021, 12:52 PM

Law Firms in Oil Country See Green in Renewable Energy Clients

Nushin Huq
Nushin Huq
Special Correspondent

Law firms in the heartland of Big Oil are racking up dollars by going green, as investors and companies spur them to grow their renewable energy practices.

Houston-based Vinson and Elkins LLP represented 20 large investor clients over the past 18 months, compared with only five or six in the months previous to that, said Kaam Sahely, head of the firm’s renewables practice in Austin, Texas. Projects included Goldman Sachs Group Inc.'s acquisition from Recurrent Energy of 300MW solar photovoltaic (PV) plus storage project in California.

“It’s a major transition of capital into this space,” Sahely said. “There’s no sense ...

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