News

Locke Lord Counsels NextEra Energy Partners on $2.1 Billion Acquisition of NET Midstream

August 3, 2015

August 3, 2015 - A team of Locke Lord lawyers led by Bill Swanstrom and Scott Arrington provided legal counsel to NextEra Energy Partners, LP on its $2.1 billion acquisition of NET Midstream, a private company that owns long-term contracted gas pipelines in Texas, including pipelines running to the Mexican border. The deal includes the NET Mexico Pipeline – the largest pipeline in the portfolio – which delivers low-cost natural gas from the Eagle Ford Shale to the Mexico border under a 20-year contract with a wholly-owned subsidiary of Pemex Gas y Petroquimica Basica, a division of PEMEX, the Mexican state-owned oil and gas company. Other Locke Lord team members working on the transaction included Partners Van Jolas, Ed Razim, Tim Johnson and Ann Ryan Robertson; Associates Eric Larson and Nick Dickerson; Senior Counsel Tammi Niven; and Counsel Steven Stojic. More information on this deal is available from the NextEra news release available here.