Jones Walker attorneys Cindy Muller, Ted Jones, Will Baldwin, Alex Glaser, Trevor Wilson, Det Beal, and Melanie Fridgant led the firm’s legal team in representing Bleutec Industries LLC (Bleutec), builder, owner, and operator of Jones Act-compliant offshore wind turbine installation vessels, in securing a significant capital commitment from EnCap Investments L.P. (EnCap), a leading provider of equity capital to the independent sector of the US energy industry. The partnership will help provide Bleutec with the necessary support to quickly develop its Jones Act vessels and accelerate the deployment of renewables to the US offshore wind sector. For more details about the partnership, please read the press release.
About Bleutec Industries
Bleutec’s mission is to bring together industry leaders and mentors to garner the collective capability and expertise to deliver innovative, comprehensive transportation and installation project services for offshore wind developments.
About EnCap Investments L.P.
Since 1988, EnCap Investments has been a leading provider of growth capital to the independent sector of the US energy industry. The firm has raised 23 institutional investment funds totaling approximately $39 billion and currently manages capital on behalf of more than 350 US and international investors. Founded in 2019, the EnCap Energy Transition platform is led by four Managing Partners, each with 30-35 years of experience in the development and operations of renewables and power generation.
About Jones Walker
Jones Walker LLP (joneswalker.com) is among the largest 135 law firms in the United States. With offices in Alabama, Arizona, the District of Columbia, Florida, Georgia, Louisiana, Mississippi, New York, and Texas, we serve local, regional, national, and international business interests. The firm is committed to providing a comprehensive range of legal services to major multinational public and private corporations, Fortune® 500 companies, money center banks, worldwide insurers, and emerging companies doing business in the United States and abroad.