FUELING WORK - M&A may have slowed in 2022, but Texas lawyers practicing in the energy sector told Law.com’s Brenda Sapino Jeffreys they have remained busy, particularly with renewables, energy transition and infrastructure projects, and with investors raising money for the sector, they expect demand to remain strong in 2023. The bottom line is this: Even though M&A may have been a little slower in 2022 than in 2021, project development demand has been strong. “When people talk about energy M&A being down, that’s mostly referencing traditional oil and gas being down. Midstream M&A has been very active this year … driven on the buy side [by] the desire to consolidate, and on the sell side [by] a bunch of private equity companies that have been getting long in the tooth,” said Bill Swanstrom, co-chair of the energy practice group at Locke Lord.
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