Jay Hughes

Partner

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Practices
Industries
Education
  • The College of William & Mary, JD, Member, William & Mary Law Review, 2004
  • University of Richmond, BS, BA, 1999
Admissions
  • Virginia
  • Texas

Jay is the managing partner of the Houston office. He advises public and private companies in the structuring, financing, negotiation and consummation of business acquisitions, distressed asset acquisitions, divestitures and mergers ranging in size from several million dollars to in excess of five billion dollars. He has represented borrowers in secured loan facilities involving multilender syndicates, and is frequently asked to advise clients regarding general corporate matters. He has concentrated his practice in the energy sector, with particular focus on oil and gas, solar and wind energy sources.

Energy Practice

Jay regularly advises publicly traded and privately held energy companies on matters involving acquisitions and dispositions, joint ventures, project development, mineral conveyancing, joint development agreements, oil and gas leases and transactions associated with midstream operations.

Renewables Practice

Jay leads transactional teams through the purchase, sale, finance, construction and development of renewable energy projects with a particular focus on utility scale solar PV and wind projects. His work involves a broad range of participants in the renewable energy industry, including utilities, developers and tax and cash equity investors. He has led successful regulated and unregulated transactions primarily in Texas, California and along the East Coast.

While earning his undergraduate degree from the University of Richmond, Jay studied abroad at the Central American Institute for International Studies in San Jose, Costa Rica. 

In the News

John L Hughes Jr.
vCard
T: +1 832 255 6329F: +1 832 214 9929JPMorgan Chase Tower
600 Travis Street
Suite 7500
Houston, TX 77002-2906
T: +1 804 775 4756Gateway Plaza
800 East Canal Street
Richmond, VA 23219-3916
Energy

Represented oil field services manufacturing, fabrication, assembly and integration company in bolt-on acquisition of oilfield and marine drilling rig power control manufacturer.

Represented gas transmission company in acquisitions of natural gas extraction facilities in West Virginia and Ohio.

Represented acquirer in $4.4 billion acquisition plus the assumption of debt for an enterprise value of approximately $6 billion of public company target.

Represented client in divestiture of its retail electric business in northeastern United States and ERCOT.

Represented several affiliated coal companies in their approximately $960 million (cash and stock consideration) sale to a NYSE listed company.

Represented utility in negotiating engineering, procurement and construction contract for building, installation and commissioning of selective catalytic reduction (SCR) equipment at coal plant.

Represented electricity and energy services supplier in sale of three power plants in Texas to private equity buyer.

Represented seller in sale of natural gas service contract portfolio.

Represented utility seller in sale of coal plant. 

Represented utility in connection with purchase of approximately 543 MW nuclear facility in Wisconsin.

Renewables

Representation of a regulated utility affiliate in the acquisition of a 15 MW solar project in Middlesex County, VA

Represented developer in the acquisition of a 360 MW wind farm in the north Texas Panhandle.

Represented wind developer in the disposition of rights to a 300 MW wind farm in Iowa.

Represented developer in the acquisition of a 175 MW wind farm in Lincoln, IL.

Represented developer in the acquisition of a 130 MW wind farm in Sangamon County, IL.

Represented utility acquirer in acquisition of 19 MW utility scale solar project in Isle of Wight County, VA.

Represented utility acquirer in acquisition of 17 MW utility scale solar project in King William County, VA.

Represented utility acquirer in acquisition of 17 MW utility scale solar project in Powhatan County, VA

Represented acquirer in several solar and renewable energy purchase transactions, including the acquisition of:

  • 5 MW utility scale solar generation facility in Connecticut and related construction management agreement;
  • 20 MW utility scale solar generation facility in California and related construction management agreement;
  • 31 MW utility scale solar generation facility and 1 MW carport structure in California and related construction management agreement;
  • 20 MW utility scale solar generation facility in California and related construction management agreement;
  • 18 MW solar generation facility in Kern County, California; and
  • 20 MW solar generation facility in San Bernardino County, California.

Mergers & Acquisitions

Represented a leading provider of satellite-based global voice and data communication products and services for the aviation industry, in its sale to publicly traded buyer. 

Represented heat transfer, fluid handling and separation technologies manufacturer in various acquisitions including wet surface air cooled heat exchanger technology provider, custom engineered air cooled heat exchanger manufacturer, dehumidification parts and supplies manufacturer, tank cleaning equipment manufacturer and mud mixing and drilling manufacturer.

Represented southeastern United States-based commercial truck driver staffing business in strategic divestiture.

Represented owner of a prominent, regional retail grocery chain in its asset sale to a publicly-held international retail grocery company.

Represented manufacturing company in its sale of assets to a Spanish public company for approximately $35 million.

Represented private equity group in the sale of a portfolio company in the consumer products industry.

Represented owners of a company in connection with the sale of its comprehensive HVAC installation, service, maintenance, repair, and system replacement business to publicly held buyer.

Represented private equity client in acquisition of food processing manufacturer.

Represented private equity client in acquisition of retail data analytical company.

Represented private equity client in acquisition of restaurant chain.

Represented global transportation industry manufacturer and supplier in Section 363 acquisition of trailer axle and suspension assembly manufacturer. 

Represented global transportation industry manufacturer and supplier in acquisition of commercial freight and trucking suspension manufacturer and distributor in the United State, Mexico and South Korea.

Named to "Virginia Rising Stars," Mergers & Acquisitions, Securities & Corporate Finance, Super Lawyers, Thomson Reuters, 2008-2009