Michael Shenberg is a partner in the Mergers & Acquisitions Group at White & Case, based in the New York Office. A recognized leader in his field, Michael focuses on energy M&A, capital markets and financing transactions.
He has represented financial and strategic investors in numerous deals involving the purchase or sale of energy assets, including large portfolios, single-asset deals and joint ventures. Additionally, Michael advises energy company clients on financings including restructurings and corporate and commercial matters.
Michael received his JD from New York University School of Law, cum laude, Member, Order of the Coif, Note Editor, New York University Law Review, in 1985 and his BA from Rutgers University, The State University of New Jersey, in 1982.
Michael is listed as a "Leading Individual" for Energy: Electricity in Chambers Global and Chambers USA (2020), for M&A: Large Deals and Energy Transactions: Conventional Power by Legal 500 USA (2020), and listed as a "Leading Individual" for M&A in the United States, by Euromoney, 2020.
Recent matters include the representation of:
- Calpine Corporation in numerous transactions, including its US$17 billion sale to Energy Capital Partners and a consortium of investors.
- The Carlyle Group in its US$590 million acquisition of three natural gas-fired generation facilities in New England, with combined capacity of 1,100 MW, from Emera Inc.; and in its acquisition and subsequent sale to Morgan Stanley Infrastructure of the Red Oak Power Plant in New Jersey.
- Macquarie Infrastructure Corp. in its sale of Bayonne Energy Center, a power generation facility in Bayonne, New Jersey, to Morgan Stanley Infrastructure.
- Abu Dhabi Future Energy Company (Masdar) in two major acquisitions, including (i) its first North American renewable energy investment through its acquisition of John Laing Group's stakes in two wind farms in the United States (the Rocksprings wind farm in Texas and the Sterling wind farm in New Mexico); and (ii) its acquisition of a 50 percent cash equity stake from EDF Renewables, Inc., in a clean-energy portfolio with total capacity of approximately 1.6 GWs, making it one of the largest acquisitions of renewable assets in 2020 in North America.