Swanstrom, Bill

Bill Swanstrom


Partner

 

Overview

Bill Swanstrom serves as Co-Chair of the Firm's Energy Practice Group. Bill has over 30 years of experience working with energy companies in their significant acquisition, divestiture, project development and finance activities. He also has substantial experience in energy private equity transactions, representing both investors and companies. He is a regular speaker and writes on energy M&A and project development issues. Bill has been recognized in Chambers USA as "an incredibly talented lawyer who is an excellent resource for clients."

Representative Experience

  • Advising NextEra Energy Partners LP in its announced acquisition of Meade Pipeline Co LLC, and its interest in the Central Penn Line, in a transaction valued at approximately $1.37 billion
  • Represented Nuevo Midstream Dos, LLC in the acquisition of Republic Midstream, LLC from an affiliate of ArcLight Capital Partners
  • Advised the Conflicts Committee of Spectra Energy Partners, LP (SEP) in the completed conversion of all of Enbridge Inc.’s incentive distribution rights (IDRs) and general partner economic interests in SEP into 172.5 million newly issued SEP common units
  • Represented Saddle Butte Rockies Midstream, LLC and affiliates in its announced $638.5 million acquisition by Black Diamond Gathering, LLC, a newly formed joint venture by Noble Midstream Partners LP and Greenfield Midstream, LLC
  • Represented Silver Creek Midstream, LLC, a portfolio company of Tailwater Capital, LLC, in the acquisition of Red Butte Pipe Line LLC for an undisclosed value
  • Represented Medallion Gathering & Processing, LLC in its sale to an affiliate of Global Infrastructure Partners for a cash purchase price of $1.825 billion
  • Represented Tailwater Capital, LLC in the sale of Align Midstream, LLC to Enable Midstream Partners, LP for approximately $300 million
  • Represented Stronghold, Ltd. and Stronghold Specialty, Ltd. in the company’s acquisition by Quanta Services, Inc. for $450 million base consideration with a maximum additional contingent consideration of $100 million
  • Represented American Midstream Partners LP in its merger with JP Energy Partners LP to create a combined midstream platform. The combined partnership creates a diversified midstream business operating in leading North American basins
  • Represented Targa Resources Corp. in its acquisition of 100 percent of the membership interests of Outrigger Delaware Operating LLC, Outrigger Southern Delaware Operating LLC and Outrigger Midland Operating LLC from Outrigger Energy LLC for initial cash consideration of $565 million plus potential earnout
  • Represented one of the world’s largest wind developers in the acquisition of a 6,000 MW portfolio of wind and solar development projects across the United States
  • Represented Lucid Energy Group II, LLC in the acquisition of all outstanding stock of Agave Energy Holdings Inc. and the purchase of certain assets from Agave Energy Company for an undisclosed value
  • Represented NextEra Energy Partners, LP in its $2.1 billion acquisition of NET Midstream
  • Represented the Conflicts Committee of Crestwood Equity Partners LP in its merger with Crestwood Midstream Partners LP to create a single publicly-traded partnership with an enterprise value of $7.5 billion
  • Represented Cleco Corporation in its $4.7 billion acquisition by a North American investor group.
  • Represented Louisiana LNG Energy, LLC in its sale to Parallax Energy

Professional Affiliations and Recognitions

  • Recognized as 2019 Texas Trailblazer by Texas Lawyer
  • Executive Committee, Greater Houston Energy Collaborative (part of the Greater Houston Partnership)
  • Co-Chair, Energy Policy Council, Greater Houston Partnership
  • Recognized as one of the Top 5 M&A lawyers in Texas in Texas Lawyer's 2012 Go-To Lawyer Guide
  • Board of Directors, Institute for Energy Law
  • Steering Committee, Houston Technology Center Energy Initiative
  • Executive Committee, Global Energy Management Institute
  • Board of Directors, Rice Alliance
  • Member, University of Houston Energy Advisory Board
  • Fellow, Texas Bar Foundation
  • Member, Federal Energy Bar Association 
  • Member, Houston Bar Association 
  • Member, State Bar of Texas
  • Recognized as One of the Top Mergers and Acquisitions Attorneys in Texas by Chambers USA
  • Recognized as Texas Super Lawyer by Super Lawyers Magazine
  • Named, The Best Lawyers in America, Energy Law (2013-2020)‎
  • Recognized, Who's Who in Energy, Houston Business Journal (2014-2015)

Community Leadership

  • Executive Committee and Board of Directors, Junior Achievement
  • Board of Directors, Texas Business Hall of Fame
  • Board of Directors, Society for the Performing Arts