Press Contacts: Erik Cummins, Matt Hyams, Olivia Thomas
Pillsbury served as counsel to Chevron Corporation, through its Chevron New Energies business, in its recent collaboration with Baseload Capital to develop geothermal projects in the U.S.
In a combined effort to reach a lower carbon future, the agreement will allow the two organizations to collaborate on driving geothermal opportunities, create awareness and advance scalable novel geothermal technologies by leveraging geothermal operational experience along with core competencies from the traditional oil and gas sector.
Geothermal energy is considered a critical supply option for the renewable energy industry—providing baseload, reliable power. Notably, the joint venture has chosen Weepah Hills, Nevada as the location for their first project to pursue development opportunities.
The Pillsbury deal team included Finance partner Alicia McKnight, Tax partner Jorge Medina, Corporate counsel Paul Casas and Corporate associate Olivia Fong. Executive Compensation & Benefits partner Jessica Lutrin, Intellectual Property partner Pat Jennings and senior associate Sandro Serra provided additional support to the team.
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