insight detail
Wilson Sonsini Advises XGS Energy on Acquisition of Capuano Engineering
- 07/17/24
- Client Highlights
- Clean Energy
- Climate and Clean Technologies
On July 9, 2024, XGS Energy, an innovator in geothermal energy technology and project development, announced the acquisition of Capuano Engineering Company (Capuano Engineering), a global leader in geothermal drilling and completion services. Wilson Sonsini Goodrich & Rosati advised XGS Energy on the transaction.
The acquisition of Capuano Engineering positions XGS Energy to build and implement sophisticated geothermal projects worldwide leveraging its proprietary technology. Capuano Engineering will become a subsidiary of XGS Energy and will continue to offer its services while also supporting the development of XGS Energy's technology and projects.
The Wilson Sonsini team that advised XGS Energy on the transaction includes Mike Danaher, Jennifer McGrew, Dave Strong, Avi Emanuel, and Nate Lees.
For more information, please see XGS Energy's news release.