Mintz Advises on Top Greentech Deal of 2012
The $1.25 billion joint venture between Mintz client GreatPoint Energy and Wanxiang Holdings has been named the number one greentech venture capital deal of 2012, according to Greentech Media. The landmark transaction paved the way for the construction of the world’s most efficient coal-to-natural gas production facility in China.
“This transaction represents a major milestone in the advancement of the greentech industry and we are delighted that Greentech Media has ranked it at the top of its 2012 list,” said Tom Burton, Chair of Mintz Energy and Clean Technology Practice and a Member of the firm’s Corporate & Securities Section. Tom Burton represented GreatPoint Energy along with Sahir Surmeli, Co-Chair of the Energy and Clean Technology Practice and a Member of the firm’s Corporate & Securities Section, and Katya Daniel, Paula Valencia-Galbraith and Jeff McCourt, also of the Corporate and Securities Section. Providing additional assistance were Members John Dellapa, Bruce Sokler, Jonathan Cain, Mark Riedy, Meryl Epstein and Kevin Walsh.
Since January 2006, Mintz attorneys have closed 300 transactions in the energy and clean technology sector including: venture capital transactions (representing companies and investors), initial public offerings and follow-on offerings, private placements, M&A deals, technology licensing and joint venture transactions, totaling approximately $5.4 billion in transaction value. In addition, the group handles the development, financing, and construction of hundreds of megawatts of energy generating facilities.