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    Home /  About /  News And Events /  Client Highlights
    Client Highlights

    S&C Advises Chevron on Majority Investment in U.S. Green Hydrogen Venture

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    September 12, 2023

    Chevron U.S.A. Inc., through its Chevron New Energies division, has acquired a majority stake in the ACES Delta, LLC joint venture, representing a part of Chevron New Energies’ broader efforts to pursue lower carbon energy solutions. This joint venture with Mitsubishi Power Americas plans to use electrolysis to convert renewable energy into hydrogen and will utilize solution-mined salt caverns for seasonal, dispatchable storage of the energy in Delta, Utah.

    The S&C team advising Chevron includes Inosi Nyatta, Brian Hamilton, Sam Saunders and Renata Mascarenhas. Mehdi Ansari and Grace Son advised on IP matters. Matt Friestedt and Joyce Lee advised on executive compensation matters. Eric Wang, John Jo and Vincent Lan advised on tax matters and Matt Brennan advised on environmental matters.

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    Inosi M. Nyatta Headshot Photo
    Inosi M. Nyatta
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    Brian E. Hamilton Headshot Photo
    Brian E. Hamilton
    New York
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    Renata Mascarenhas Headshot Photo
    Renata Mascarenhas
    New York
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    Mehdi Ansari Headshot Photo
    Mehdi Ansari
    New York
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    S. Eric Wang Headshot Photo
    S. Eric Wang
    New York
    +1-212-558-3328
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    Minjae (John) Jo Headshot Photo
    Minjae (John) Jo
    New York
    +1-212-558-4000
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    Matthew J. Brennan Headshot Photo
    Matthew J. Brennan
    New York
    +1-212-558-4724
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