Clifford Chance

Energy Transition

• Advised Marathon Petroleum Corp. in the formation of a joint venture with Neste to convert Marathon’s idled refinery in Martinez, California into a 730 million gallons per year renewable fuels facility. The multi-year project is structured as a 50/50 joint venture with Neste expected to contribute a total of US$1 billion, inclusive of half of the total projected project development costs through the completion of the project.
• Advised SER Capital Partners portfolio company Perfect Power Solutions Texas, LLC in the sale of a portfolio of eight solar and energy storage assets in Texas to Gore Street.

Traditional Oil and Gas

• TotalEnergies in connection with its PIPE investment in NextDecade Corporation and investment in the Rio Grande LNG (RGLNG) Project, a planned US$18 Billion natural gas liquefaction project in South Texas.
• Major financial services company in its approximate US$840 million transaction for the purchase and financing of natural gas assets located in Pennsylvania and West Virginia.

Additional M&A and Investment Representations

• Advised Czechoslovak Group in its US$1.91 billion acquisition of Vista Outdoor Inc.'s Sporting Products business.
• Advised ABS Group of Companies, Inc. in the sale of ABSG Consulting, Inc. of its technical service line to Apave Group, an international inspection Group.