DLA Piper advises Six One Commodities Global LLC in acquisitions of Vega Energy Partners and WGL Midstream

DLA Piper represented Six One Commodities Global LLC, a natural gas and power merchant, in its acquisitions of Vega Energy Partners, Ltd., a Houston, Texas-based energy merchant that holds asset management agreements, and WGL Midstream, Inc., a wholesale energy solutions business that invests in and optimizes natural gas pipelines and storage facilities in the Midwest and Eastern United States.  

“It was a pleasure to bring to bear our energy sector M&A experience to advise Six One Commodities Global in these strategic acquisitions, which amounted to a complex series of transactions with multiple workstreams taking place over the course of several months and required a practical knowledge of how gas sales and marketing works, in order to transition multiple trading books from sellers to a buyer,” said Deanna Reitman, who led the DLA Piper deal team.

In addition to Reitman, the DLA Piper team advising Six One Commodities Global included Annette Moreno and Glenn Reitman (all of Houston).

With more than 1,000 corporate lawyers globally, DLA Piper helps clients execute complex cross-border transactions seamlessly while supporting clients across all stages of development. The firm has been rated number one in global M&A volume for 11 consecutive years, according to Mergermarket.

DLA Piper's Energy sector lawyers advise regulators, the regulated, investors and other industry participants on the implications of the regulatory framework during the planning, development and operational stages of many energy projects and activities. For decades, the firm has represented organizations operating in the sector throughout the world, with a global team serving clients in the power, oil and gas, renewable, nuclear, energy trading, climate change and water markets. In addition to energy companies, the firm’s clients also include project sponsors, corporations, developers, financial institutions, governments, utilities and regulatory bodies.