Marten Olsson

Marten Olsson is a Partner in the Firm’s Banking and Credit Practice. Based in New York, he represents sponsors, issuers, borrowers, developers, investors, initial purchasers and lenders in a broad range of energy and infrastructure financing matters. With an emphasis on renewable power (including wind, solar and geothermal facilities), conventional power, battery storage, digital and LNG facilities, he has counseled clients in the U.S. and abroad on critical energy and infrastructure transactions. Marten also has experience handling acquisition finance, restructuring and liability management matters in the energy and infrastructure sector.

Marten’s equity and debt financing experience also includes advising clients on registered offerings and private placements pursuant to Rule 144A/Regulation S and Section 4(a)(2). He has counseled U.S. and non-U.S. issuers and investment banks on compliance with U.S. securities laws, including reporting requirements and stock exchange governance and disclosures.

Notable experience prior to joining Simpson Thacher includes advising:

Renewables

• TPG Rise Climate Transition Infrastructure on its definitive agreement to acquire Altus Power, Inc., the largest owner of commercial-scale solar in the U.S., for an enterprise value of approximately US$2.2 billion, and related acquisition financing matters.
• One of the largest power generating companies in the U.S. in connection with its approximately US$1 billion green loan financing for one of its wholly-owned subsidiaries which owns and operates geothermal power plants in California.
• A major banking institution, as lender and administrative agent, in connection with a US$365 million construction loan to finance Invenergy's construction of the 260MW Blooming Grove wind generation project in Illinois.
• A large Canadian energy corporation in connection with the issuance of approximately US$3 billion of notes for financing the construction and operation of a hydroelectric facility and related transmission line.
• A major investment bank, as the lead placement agent and sole structuring agent, and acted as designated investors’ counsel representing 20 of the world’s largest insurance companies and other institutional investors, in connection with the approximately EUR1 billion multi-currency, multi-tranched refinancing of the first operational fully privately financed offshore wind farm in Germany.
• The sponsor, a major company in the development, construction and operation of large-scale renewable energy projects in the Americas, in connection with its 4(a)(2) private placement of US$253 million of notes to develop and construct a 244MW solar project and to refinance an existing 70MW solar project, both in Chile.
• An American-based multinational power generation development and operations company and a special-purpose borrower in connection with an approximately US$140 million project financing provided pursuant to an innovative A/B loan structure combining traditional bank financing and a 4(a)(2) private placement of project bonds in connection with the development and construction of a wind generation facility.

LNG

• FLNG Liquefaction 2 LLC (FLIQ2) and FLNG Liquefaction 3 LLC (FLIQ3), each a subsidiary of Freeport LNG, in connection with their multiple private placements of a total of approximately US$8 billion of investment-grade senior secured project bonds pursuant to Rule 144A/Regulation S and Section 4(a)(2) to refinance senior secured loans incurred to initially finance the development and construction of the second and third liquefaction trains of the multi-train natural gas liquefaction and LNG export facility at Quintana Island near Freeport, Texas.
• FLEX Intermediate HoldCo LLC, an intermediate holdco in the Freeport LNG corporate structure, in connection with its private placement of US$1.25 billion of senior secured notes pursuant to Rule 144A/Regulation S.

Other

• A subsidiary of Summit Midstream Corporation and operator of the Double E pipeline joint venture with Exxon in connection with its US$440 million refinancing of its existing credit facilities.
• Brookfield Infrastructure Partners L.P. and its institutional partners on a definitive agreement to acquire the midstream asset portfolio Colonial Enterprises, which includes the Colonial Pipeline, for an enterprise value of approximately US$9 billion.
• Calpine in connection with multiple issuances of billions of dollars in secured and unsecured notes, in both privately placed and SEC registered transactions, with the proceeds being used for various purposes, including refinancing of existing debt and to fund acquisitions and projects.
• Two major investment banks as structuring agents, and acted as designated investors’ counsel representing institutional investors, in connection with a 4(a)(2) private placement of the approximately US$400 million of notes for the funding of the 620 MW natural gas-fired combined cycle Hilltop power project in Greene County, Pennsylvania.
• A major investment bank in connection with its financing of the Panda Temple Energy Center in Texas, by way of multiple 4(a)(2) private placements of project bonds.
• The sponsor and majority owner in connection with the approximately US$1 billion debt restructuring related to the Sandy Creek Energy Station, a nominal 900MW coal plant in Texas.

• Welltec, an international oil and gas exploration services company, in connection with its financings and related matters, including multiple high-yield offerings of senior secured notes pursuant to Rule 144A/Regulation S and related liability management transactions.
• Several major investment banks, as the lead sales agents and forward purchasers, in connection with Atmos Energy Corporation’s at-the-market equity offering program to offer and sell common stock with an aggregate offering price of up to US$1 billion.
• Several major investment banks, as joint book-running managers, in connection with the registered offering by Atmos Energy Corporation of US$800 million aggregate principal amount of its senior notes.
• Two major investment banks, as placement and structuring agents, and acted as designated investors’ counsel representing institutional investors, in connection with the 4(a)(2) private placement by SouthWest Water to fund the acquisition of certain wastewater utility operations.
• The winning consortium in their bid for the automated people mover (APM) project for the LAX airport, and the subsequent financing of the APM project which included an offering of Private Activity Bonds (PABs).

Marten received an LL.M. from Georgetown University in 1999, and an LL.M. from Stockholm University in 1998. He is admitted to practice in New York.