Kathryn “Katy” Shurin is a member of the Energy, Power and Natural Resources Practice Group in the Houston office. She represents financial institutions, commodities trading companies, energy marketers, project developers and other energy companies in an array of complex commodity and derivatives transactions and financings that span the power, alternative energy, natural gas and upstream oil and gas sectors. Katy works with her clients to determine the appropriate contract structure and credit support arrangements to help her clients achieve their business objectives. She has significant experience preparing and negotiating customized agreements, as well as standardized commodity master agreements, including the ISDA and related annexes, NAESB, EEI and WSPP. Katy’s representations often involve highly structured, asset-backed transactions that utilize project and structured finance concepts and techniques. Katy also has experience handling workout and restructuring matters.
Katy is active in the Houston community. She is a member of the board of directors of Main Street Theater, Texas Wall Street Women and the Washington and Lee University Alumni Association in Houston. She is also a member of the Middlebury College Alumni Admissions Program and the Houston Bar Association.
Prior to joining Haynes and Boone, Katy worked in New York as a capital markets and securities associate, where she represented publicly traded and privately held companies in connection with initial public offerings, secondary and follow-on offerings, shelf registrations, exchange offers, PIPEs, rights offerings, private placements and offerings pursuant to Rule 144A and Regulation S, and advised clients on SEC reporting and corporate governance matters.
Katy’s recent representations include advising clients in the structuring and negotiation of:
- Physically and financially-settled secured and unsecured commodity hedging and off-take agreements, including secured wind and solar hedges; revenue puts; heat rate call options; power purchase agreements and virtual power purchase agreements for conventional power generation, and solar and wind facilities; hedging programs relating to conventional power generation portfolios; and oil and gas reserve-based secured trading programs and facilities
- Retail power and natural gas supply facilities
- Renewable energy credit purchase and sale agreements
- Oil and gas reserve-based loans
- Tolling agreements
- Natural gas prepaid transactions
Middlebury College, 2004, magna cum laude
J.D., Washington and Lee University School of Law, 2009
Haynes and Boone, LLP Partner Katy Shurin was quoted in a Law360 article about how Winter Storm Uri in February changed the way energy producers and financiers structure power hedges and negotiate around calamitous weather events. Below is an excerpt: …Several power producers lost big during the storm — ranging from hundreds of millions to about $1 billion — after they were forced to buy energy [...]