Freeport Power Refinancing
Acted as lenders counsel in the refinancing of an inside-the-fence cogeneration facility located in Freeport, Texas. Transaction involved (i) analyzing and advising the lenders on the underlying project documents and relevant regulatory requirements, (ii) advising the lenders on loan and security documents as they relate to Texas law, and (iii) preparing the Deed of Trust and other Texas security filings. Mizho Bank, Ltd. acted as mandated lead arranger and administrative agent, Sumitomo Mitsui Banking Corporation acted as mandated lead arranger and documentation agent, and the Bank of Tokyo-Mitsubishi UFJ, Ltd. acted as mandated lead arranger, technical bank, insurance bank, and modeling bank. Other parties involved in the transaction included Freeport Power Limited, as borrower, GDF Suez Energy North America and Toyota Tsusho Corporation (through subsidiaries), as project sponsors, and The Dow Chemical Company, as lessor, operator, and toller.
Methanol Joint Venture
Represented Celanese Corporation in forming a joint venture with Mitsui & Co., Ltd. to develop, construct, and operate an approximately $800 million methanol production facility in Pasadena, Texas.
Deutsche Bank/Green Energy Team Hawaii Biomass Project
Represented Deutsche Bank Securities Inc., as Mandated Lead Arranger and Lender for a $76.1 million loan facility to fund construction of a 7.5-megawatt (net) biomass-to-energy facility on the island of Kaua'i, Hawaii.
Frac Diamond Aggregates LLC
Represented Spectrum Origination LLC in its capacity as administrative agent and lender under a $30.8 million credit facility for Frac Diamond Aggregates LLC and Alliance Consulting Group, LLC . FDA used the proceeds of the credit facility to acquire a 1,700-acre sand mine and related assets from the debtor, free and clear of all liens, claims, interests and other encumbrances, pursuant to 11 U.S.C. §§ 105 and 363. ACG used the proceeds of the facility for the construction of a related sand drying and storage facility. The facility was secured by the sand mine, drying facility, and related assets, including the borrowers’ rights under certain storage and supply agreements, construction agreements, and other project documents.
Argentina Gas Pipeline
Advised a multinational company in connection with the development of a gas pipeline in Argentina.
Represent Lead Arranger in Syndicated Financing for the Owners of an NFL Team
Represented Sumitomo Mitsui Banking Corporation as a lead arranger and as the administrative agent in connection with syndicated financing for the owners of the Minnesota Vikings, an NFL team.
Multi-Currency Financing - Mirant - Sale of Caribbean Assets
Represented Mirant Corporation in its divestiture of various Caribbean majority-owned and minority-owned power-related assets and operation.
Combined Fiberboard and MDF Manufacturing Facility in Pennsylvania
Counsel to the lender in connection with financing of a combined fiberboard and MDF manufacturing facility in Pennsylvania. Innovative structure facilitated one of the first industrial projects in the wood products industry in the U.S.
Acquisition of Electricity Distribution System in La Paz, Bolivia
Counsel to the acquiror of an electricity distribution system in La Paz, Bolivia.
Dual-Fired Cogeneration Plant in Suffolk County, New York
Counsel to the lender in connection with financing of 6MW dual-fired cogeneration plant in Suffolk County, New York.
Project Financing of Power Plant in the State of Maharashtra, India
Counsel to a developer, equity participant and equipment supplier in connection with its participation in a 2,100-MW, US$3.1 billion project financing of a power plant in the State of Maharashtra, India.
Tissue Paper Facility in Memphis, Tennessee
Counsel to the lender in connection with financing of a tissue paper facility in Memphis, Tennessee.
Gas-Fired Power Plant in Lake County, Florida
Counsel to the lender in connection with financing of a 106-MW gas-fired cogeneration power plant in Lake County, Florida.
Acquisition of Methanol Facility in Trinidad
Counsel to the acquiror of a one million metric ton per year methanol facility in Trinidad.
Gas-Fired Power Plant in Pasadena, Texas
Counsel to the lender in connection with financing of a 750MW gas-fired power plant in Pasadena, Texas.
Sale of Vessels
Represented Nabors Industries, Ltd. in structuring the sale of oil and gas supply and support vessels, including drafting of the Private Placement Memorandum.
ZVUE Corporation - Acquisition of Assets of eBaum's World, Inc.
Represented ZVUE Corporation in its acquisition of eBaum’s World, Inc., including drafting of the asset purchase agreement and ancillary documents.
Power Plant in Quezon Province, the Philippines
Lead counsel to acquirer of 440-MW coal-fired power plant in Quezon Province, Republic of the Philippines.
Acquisition of 432-Mile Gas Pipeline in Mexico
Lead counsel to acquiror of 432 mile gas pipeline in Mexico running through the States of Tabasco, Chiapas and Campeche and extending to the Yucatan Peninsula.
Project-Financed Acquisition - National Football League Franchise
Counsel to acquirers of a National Football League (NFL) franchise in connection with the project-financed acquisition of the organization.
Represent Lender in Credit Facility to NBA Basketball Team
Represented Bank of America in providing a $90 million credit facility to the San Antonio Spurs NBA basketball team, part of which was used to finance a new arena.
LNG Production and Export Project in Papua New Guinea
Represent InterOil Corporation as lead developer of an LNG and NGL production and export project consisting of an LNG liquefaction facility, NGL stripping operation, gas gathering facilities and related infrastructure in Papua New Guinea, including establishment of a joint venture and related financing matters, project structuring and legal risk analysis, the negotiation of natural gas supply and LNG transportation arrangements and the development of the LNG marketing structure.
$1 Billion Acquisition Bid - Three New York City Power Plants
Counsel to a bidder in a $1 billion acquisition bid for three dual fuel New York City power plants aggregating over 2,000 megawatts.
Restructuring and Sale of International Energy Assets - Enron/Prisma
Advised Enron in the restructuring and sale of the Prisma international energy assets in 12 countries.
Representation of PPL Global - Development of Power Plants in NY
PPL Global in connection with the development and construction of its Shoreham and Edgewood power plants in Long Island, NY, and the sale of the output of such plants to the Long Island Power Authority.
Restructuring and Sale of Wolf Hollow Project
Represented KBC Bank in the restructuring and sale of the Wolf Hollow project in Texas.