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Latham & Watkins Advises Element Fuels on Hydrogen-Powered Clean Fuels Refinery and Combined-Cycle Power Plant

June 10, 2024
Firm advises on contract matters related to the transaction.

Element Fuels Holdings, LLC, a company founded to develop and operate scalable, next generation clean fuels production, has announced that it has completed site preparation and pre-construction on a new hydrogen-powered refinery and combined-cycle power plant within the Port of Brownsville, Texas. The Element complex is innovatively designed to produce and recycle hydrogen using advanced technologies that will generate and deliver significantly cleaner, higher-quality fuels, including much-needed high-octane gasoline and electricity for commercial and consumer consumption.

Latham & Watkins LLP represents Element on contract matters in relation to the transaction. The corporate deal team was led by Washington, D.C. partner Nick Luongo. The project finance team was led by Washington, D.C. partner Paul Hunt, with associate Matt de Bernardo. Advice was also provided on FCPA matters by New York partner Matthew Salerno; on sanctions matters by Washington, D.C. counsel Andrew Glades; on tax matters by Houston partner Jim Cole, with associate Andrea Herman; and on environmental matters by Orange County partner Josh Bledsoe, with associate James Friedland.