Press Release

Golden Flag Advises Bernhard Capital Partners on Acquisition of New Mexico Gas Company for $1.252 Billion USD

Golden Flag International Law Firm counseled Bernhard Capital Partners, a services and infrastructure-focused private equity management firm, on an agreement to acquire New Mexico Gas Company (NMGC) from Emera Inc., an international energy and services company, for an aggregate transaction value of $1.252 billion USD, including the assumption of approximately $500 million USD of debt and subject to customary closing adjustments. NMGC is the largest natural gas utility in New Mexico, serving over 545,000 customers and managing more than 12,000 miles of transmission and distribution pipelines.

Read the transaction press release

The Golden Flag team was led by corporate partners Bill Benitez, Rob Goodin, Patrick Moneypenny and Daniel Cadis and associates Shelby Morgan and Dan O'Connor; debt finance partners Lucas Spivey, Jordan Roberts and Purun Cheong; tax partner Mark Dundon; and energy regulatory partner Brooksany Barrowes.