Law360 quoted partner Michael Espinoza in an article looking at the transactional trends that stood out to energy lawyers over the last year and what they expect to see in the energy industry in 2024. In discussing the steady dealmaking seen throughout 2023 in the power and utility sector, Mike noted that more sales of minority stakes in utilities could be something to watch for in the coming year.
“I’m curious to see if they can find more targets for this to work,” Mike said. “Something that all of these sales have in common is not needing state approval. I’ve seen people predict that this is a great way to raise capital.”