Akin Gump Expands Global Transactions Team with Three Leading Energy Partners

Leading international law firm Akin Gump Strauss Hauer & Feld LLP has added three leading energy industry partners to its transactions practice across its London and Houston offices. John C. LaMaster and Marc Hammerson have joined the firm in London, and Steven Otillar has joined the firm in Houston. All three partners focus on cross-border energy transactions.

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Andrews Kurth Helps AEI and Pattern Energy Group LP Close $245 Million Project Financing for Construction of Largest Wind Farm in Chile

As part of Andrews Kurth’s long tradition in Latin American energy, Andrews Kurth LLP (Andrews Kurth) served as primary development counsel and primary finance counsel to international energy companies, AEI and Pattern Energy Group LP(Pattern), for the $245 million development and financing of Parque Eólico El Arrayán SpA’s 115 MW wind power project. The project, which is located on the Pacific ocean about 250 miles northeast of Santiago, is jointly owned by AEI, Pattern and Antofagasta Minerals SA (AMSA).

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Latham & Watkins Advises ETP on US$5.3 Billion Sunoco Acquisition

Energy Transfer Partners, L.P. (NYSE: ETP) and Sunoco, Inc. (NYSE: SUN) have announced that they have entered into a definitive merger agreement whereby ETP will acquire Sunoco in a unit and cash transaction valued at US$50.13 per share, or a total consideration of approximately US$5.3 billion, based on ETP’s closing price on April 27, 2012. As detailed in the company news release, this combination will create one of the largest and most diversified energy partnerships in the country by expanding ETP’s geographic footprint and strengthening its presence in the transportation, terminalling and logistics of crude oil, NGLs and refined products.

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Latham & Watkins Advises Suburban in Inergy Retail Propane Acquisition

Suburban Propane Partners, L.P. (NYSE: SPH), has announced a definitive agreement with Inergy, L.P., Inergy GP, LLC and Inergy Sales & Service, Inc.  to acquire the sole membership interest in and to Inergy Propane, LLC, now owned by Inergy, including certain wholly owned subsidiaries of Inergy Propane, LLC, and the assets of Inergy Sales.  Suburban is acquiring Inergy Propane for total consideration of approximately US$1.8 billion in stock and cash, as detailed in the company press release below.

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Morgan Lewis Draws Former FERC GC to Energy Practice in Houston

Morgan Lewis today announced that Charley Moore—a leading oil and gas litigation and regulatory practitioner who is a former General Counsel of the Federal Energy Regulatory Commission (FERC)—has joined the firm as a partner in its Energy Practice, resident in Houston. His practice encompasses state and federal court litigation, federal and state regulatory matters, and energy-related gas and power transactions.

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Tags:  Morgan, Lewis & Bockius LLP | Houston