Lytch Gutmann at Bracewell LLP continues to solidify her reputation as a powerhouse in energy transactions. Leading major deals, she served as lead counsel on three high-profile transactions valued at over $2.3bn combined. Notably, Gutmann advised TC Energy on the $1.14 billion sale of its interest in the Portland Natural Gas Transmission System, Phillips 66 on its $550m acquisition of Pinnacle Midland Parent LLC to expand in the Midland Basin, and Kinder Morgan’s $640m acquisition in North Dakota’s Williston Basin.
L'éditorial du Legal 500
Clients clés
- TC Energy
- Phillips 66
- Kinder Morgan, Inc.
Points forts
Advising Phillips 66 on its acquisition of Pinnacle Midland Parent LLC from private equity firm Energy Spectrum Capital for a cash consideration of $550 million, in a strategic move to expand its natural gas gathering and processing footprint in the Midland Basin.
Represented Kinder Morgan, Inc. in its subsidiary Hiland Partners Holdings LLC’s $640 million acquisition of OE2 North Holdings LLC, a subsidiary of Outrigger Energy II LLC. OE2 operates a natural gas gathering and processing system in the Williston Basin, North Dakota.
Represented TC Energy in the $1.14 billion sale of its interest, along with that of its partner Northern New England Investment Company, Inc. (a subsidiary of Énergir L.P.), in Portland Natural Gas Transmission System (PNGTS) to BlackRock and Morgan Stanley Infrastructure Partners.