April 6, 2026
Willkie partners Archie Fallon and Eric Pogue were quoted in a Law360 article on the energy markets and long-term prospects for dealmaking across oil, liquefied natural gas and renewable power.
Archie, Co-Chair of the Project Finance & Investment Practice Group and Managing Partner of Willkie’s Houston office, discussed the ways the Iran war could affect energy industry transactions, including opportunities that may arise for private equity, U.S. oil & gas producers and players in the power sector.
"This new era of geopolitical risk is impacting energy markets in a way that will very soon start affecting dealmaking," Archie told Law360.
He noted that in the short-term there will be an incentive to increase U.S. oil production, particularly through drilled but uncompleted (DUC) wells, and that instability in the Middle East highlights the comparative safety of liquefied natural gas projects in the U.S. as well as renewable assets with lower development risk.
Eric Pogue, Willkie’s Global Chair of Power & Renewable Energy, noted that the uncertainty surrounding gas prices, interest rates and supply chains could lead to more dealmaking in the power sector to support AI infrastructure.
"All of the uncertainty cuts in favor of more consolidation in the power industry, especially how it overlaps with data centers," Eric said.
Read the Law360 article here (subscription may be required).
Archie, Co-Chair of the Project Finance & Investment Practice Group and Managing Partner of Willkie’s Houston office, discussed the ways the Iran war could affect energy industry transactions, including opportunities that may arise for private equity, U.S. oil & gas producers and players in the power sector.
"This new era of geopolitical risk is impacting energy markets in a way that will very soon start affecting dealmaking," Archie told Law360.
He noted that in the short-term there will be an incentive to increase U.S. oil production, particularly through drilled but uncompleted (DUC) wells, and that instability in the Middle East highlights the comparative safety of liquefied natural gas projects in the U.S. as well as renewable assets with lower development risk.
Eric Pogue, Willkie’s Global Chair of Power & Renewable Energy, noted that the uncertainty surrounding gas prices, interest rates and supply chains could lead to more dealmaking in the power sector to support AI infrastructure.
"All of the uncertainty cuts in favor of more consolidation in the power industry, especially how it overlaps with data centers," Eric said.
Read the Law360 article here (subscription may be required).
