News Releases

Baker Botts Advises Energywell in $100 Million Capital Commitment and Platform Formation

Deal Description: Energywell LLC (“Energywell”) announced a $100 million capital commitment from funds managed by Oaktree Capital Management, L.P. and Hartree Partners L.P. to create a technology-driven sustainable energy platform. Energywell will be led by industry veterans Michael Fallquist and Christian McArthur as co-Chief Executive Officers and Roop Bhullar as Chief Financial Officer plus the addition of Jonathan Rubenstein as General Counsel.

Energywell’s strategy is to create a best-in-class sustainable energy platform powered by its proprietary technology. Energywell intends to scale quickly through opportunistic acquisitions and the development of innovative products and sales channels.

Baker Botts represented Energywell in connection with the capital commitment and platform formation.

Baker Botts Lawyers/Offices:

CorporateBryan Henderson (Partner, Dallas), Nic O’Brien (Associate, Dallas), Victor Ochieng (Associate, Dallas)

TaxSteve Marcus (Partner, Dallas), Snow Rui (Associate, Dallas)

Baker Botts is an international law firm whose lawyers practice throughout a network of offices around the globe. Based on our experience and knowledge of our clients' industries, we are recognized as a leading firm in the energy, technology and life sciences sectors. Since 1840, we have provided creative and effective legal solutions for our clients while demonstrating an unrelenting commitment to excellence. For more information, please visit


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