11 Dec 2025

Vinson & Elkins Advises Stonepeak on Acquisition of 43.8% Interest in Outpost Solar Project in Texas

"Vinson & Elkins advised Stonepeak in acquiring a 43.8% interest from Repsol in the 629 MW Outpost solar project in Webb County, Texas. The transaction values the project at approximately $775 million and marks Stonepeak’s second U.S. renewables partnership with Repsol this year."

Vinson & Elkins represented Stonepeak in its acquisition from Repsol of an interest in the Outpost solar project in Texas. The transaction involved Stonepeak’s purchase of a 43.8% interest in the Outpost solar project, a 629 MW facility located in Webb County, Texas. The deal implies a valuation for the Outpost project of approximately $775 million and represents Stonepeak’s second partnership with Repsol in the U.S. renewables sector this year. Vinson & Elkins represented Stonepeak with a team composed by: Partner Matt Falcone (lead); Senior Associate Jordan Fossee; Associates Mimi Nguyen, Brian Park, and Will Sladic; Partners David Peck and Lauren Collins; Partners Aaron Prince, Eamon Nolan, and Tzvi Werzberger; Counsel Zach Banks and Carter Olson; Counsel Hal Taylor; Partner Jennifer Cornejo; Partners Jeffrey Jakubiak and Winston Skinner; and Partner Evan Miller.
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