A Locke Lord team led by Kevin Peter, Jennie Simmons, Eric Larson and Case Towslee (all of Houston) advised Trinity Gas Storage, LLC, in its $189 million funding for the groundbreaking of its natural gas storage facility in East Texas. The new natural gas storage facility, the first new project for gas storage in a depleted reservoir to obtain a Railroad Commission of Texas permit in more than 20 years, will offer approximately 24 billion cubic feet of natural gas storage capacity in its initial phase. Sponsored by Transition Equity Partners, the East Texas facility is a significant step towards bolstering energy security and ensuring a reliable electricity supply for Texas. For more information, see the press release. Additional support was provided by John Arnold, Ben Cowan, Sara Longtain, Buddy Sanders, Jeremy Petersen, Andrew Nelson, Emily Howard (all of Houston), Jeffrey Escobar and Brennan Gumerove (both of New York).
Posted on September 18, 2023