J.A. Glaccum

J.A. counsels clients on mergers and acquisitions, separations, private equity transactions, corporate finance, securities, and corporate governance. He advises public and private companies, private equity and infrastructure investors, investment banks, and special committees in domestic and cross-border transactions, including public and private M&A, leveraged buyouts, spin-offs, reverse Morris Trust transactions, strategic investments, joint ventures, shareholder activism matters, and debt and equity financings.

J.A. has substantial experience in the power, utilities, nuclear, and renewable energy sectors, representing electric utilities, independent power producers, energy companies, project sponsors, and investors in complex strategic transactions. He also works across the financial services, defense and government contracting, real estate, technology, telecommunications, healthcare, and uranium mining industries.

Prior to attending law school, J.A. was a field artillery officer in the United States Army, where he served in the Republic of Korea and with the 82nd Airborne Division at Fort Bragg, North Carolina.

• Japan Bank for International Cooperation’s (JBIC) formation of an investment vehicle with the Department of Commerce and related $2.22 billion funding by JBIC of the Texas GulfLink Project, an offshore crude oil export terminal infrastructure project to be located off the coast of Texas.
• JBIC’s formation of an investment vehicle with the Department of Commerce and related $33.39 billion funding for a 9.2-gigawatt natural gas generation facility project located near Portsmouth, Ohio.
• Shentel’s acquisition of Horizon Telecom and related equity investment with Energy Capital Partners.
• Exus Management Partners’ acquisition of a 244-megawatt operating wind farm portfolio from Vitol.
• Shenandoah Telecommunications Company’s acquisition of Horizon Telecom for $385 million in stock and cash and related sale of 7% Participating Exchangeable Perpetual Preferred Stock to an affiliate of Energy Capital Partners.
• enCore Energy Corp.’s:
  • $60 million sale of a 30% interest in the Alta Mesa In-Situ Recovery (ISR) uranium mining project to Boss Energy Ltd. and related joint venture with Boss Energy Ltd.
  • Up to 200,000 pounds of U3O8 loan from Boss Energy.
  • $120 million acquisition of the Alta Mesa ISR uranium project from Energy Fuels Inc.

Experience prior to joining Hunton includes:

• APX, Inc.’s, a technology and service provider for energy and environmental markets, acquisition by Xpansiv.
• The acquisition of SemaConnect, an electric vehicle charging company, by publicly traded Blink Charging Co. for $200 million in stock and cash.
• Everfi, Inc.’s sale to publicly traded Blackbaud, Inc. for $750 million in stock and cash.
• The $1.9 billion acquisition of Kadmon Holdings, Inc., a publicly traded biopharmaceutical company, by Sanofi.
• Empresa de Energia del Cono Sur’s $114 million mandatory tender offer to acquire all American Depositary Shares of Empresa Distribuidora y Comercializadora Norte S.A.
• JGC Holdings Corporation’s investment in NuScale Power LLC, a developer of small modular reactor (SMR) technology, and the companies’ collaboration on SMR plant construction projects.
• Learning Technologies Group’s $394 million acquisition of GP Strategies.
• First Solar, Inc.’s sale of its North American O&M Business to Northstar Energy Management, a portfolio company of Clairvest Partners.
• Entergy Corporation’s:
  • Sale of Entergy Nuclear Generation Company, the owner of the Pilgrim Nuclear Power Station, and sale of Entergy Nuclear Palisades, the owner of the Palisades Nuclear Power Station, to Holtec International.
  • Sale of the entities that own the Indian Point Energy Center to Holtec International.
  • Sale of Entergy Nuclear Vermont Yankee, the owner of the Vermont Yankee nuclear power plant, to NorthStar Holdings.
  • Asset sale of the James A. FitzPatrick nuclear power plant to Exelon Generation, a subsidiary of Exelon Corporation.
  • Proposed, but terminated, $6 billion spinoff of its transmission business to ITC Holdings Corp. in a reverse Morris Trust transaction.
• Cloud-based software company’s $1.9 billion spinoff of a software company.
• Emerging growth financial planning technology company’s acquisition by a portfolio management solution provider for investment advisors.
• Brookfield Asset Management, Inc.’s $6.8 billion acquisition of Forest City Realty Trust Inc.
• The Advisory Board Company’s $2.6 billion sale of its healthcare business to OptumInsight, Inc. and its education business to affiliates of Vista Equity Partners LLC in response to Elliott Management’s activist campaign.
• The combination of Vencore, a portfolio company of Veritas Capital Management and provider of information, engineering, and analysis solutions to US intelligence, defense, and civilian agencies, with the US public services business of DXC Technology Co. and KeyPoint Government Solutions in a reverse Morris Trust transaction.
• Dynegy Inc.’s:
  • Stock-for-stock merger with Vistra Energy to create a combined company with an enterprise value in excess of $20 billion.
  • $3.3 billion acquisition of ENGIE, S.A.’s US fossil electric generation portfolio.
• Duke Energy Corporation’s:
  • Sale of its Latin America power portfolio business (ex-Brazil) to funds advised by I Squared Capital for $1.2 billion.
  • Spinoff of Spectra Energy.
• Amherst Holdings, LLC’s combination of its broker-dealer business Amherst Securities Group L.P. with Pierpont Securities Holdings LLC.
• Private equity sponsor’s majority investment in a shipping finance company.
• The acquisition by AIA Energy North America, LLC, an infrastructure fund, of the entities that own the Cross-Sound Cable System from affiliates of Brookfield Asset Management.
• Private equity sponsor’s majority investment in a high-voltage, long-distance merchant transmission company.
• Leidos Holdings, Inc.’s acquisition of Lockheed Martin’s Information Systems & Global Solutions segment in a reverse Morris Trust transaction valued at $5 billion.
• TECO Energy’s $10.4 billion sale to Emera.
• Northeast Utilities’ merger of equals with NSTAR to create one of the nation’s largest electric utilities with an enterprise value of $17.5 billion.
• The $964 million acquisition by CONSOL Energy Inc. of the remaining stake in CNX Gas Corporation, a producer of natural gas, that CONSOL did not own.
• Total System Services Inc.’s $5 billion spinoff from its 81 percent parent, Synovus Financial Corp.