Kenneth S. Culotta (Ken)

Transcription

1 Kenneth S. Culotta (Ken) Partner Corporate, Finance and Investments Houston: For over 32 years, Ken Culotta has focused his practice in domestic and cross-border investment, commercial and financial transactions in the energy sector, with an emphasis on oil, gas, LNG and other hydrocarbons and petrochemicals. Ken assists a variety of clients with domestic and cross-border energy and infrastructure investment, financing and monetization transactions, including mergers and acquisitions, project development and finance, and the public and private law issues involved in structuring, documenting and negotiating these transactions. He also works with clients on commercial agreements for site acquisition, revenue generation, hedging of financial exposure, raw materials and feedstock inputs, and construction, financing and operation of facilities. Clients represented by Ken include oil, gas, NGL, LNG and petrochemical producers, transport and storage providers and customers, conventional power and utility-scale solar generators, merchant transmission providers, energy marketers, service companies and mining companies, along with private equity funds and other energy sector investors. Ken is a frequent author and speaker on a wide range of energy sector topics. He is fluent in English, Spanish and German. Matters Power Industry Sojitz in its investment in the Birdsboro power project in Pennsylvania. A Japanese trading company in its proposed investment in a power project under development in the PJM market. Air Liquide Large Industries U.S. in the sale to Arclight of its interest in the Sabine Cogen facility in Orange, Texas. APEX CAES LLC in connection with corporate and commercial matters related to its proposed compressed air energy storage project in Texas

2 The Dow Chemical Company in the purchase from AEP of a 700MW electricity and steam generation plant in Louisiana, and related power marketing arrangements. A manufacturer of power generation equipment in the development of a proposed +400MW gasfired turbine power plant project in New York State showcasing its new technology. CAES Development Company, developer of a proposed 2,700 MW compressed air energy storage power generation project in Ohio. Magnum Development in the negotiation of a proposed joint development agreement for a gas fired power project at a site in Utah. The North American trading and origination arm of RWE in the structuring, negotiation and documentation of gas and power supply, and energy management arrangements. Tonbridge Power in connection with the development of a cross-border electric transmission system to support development of renewable generator. Luz y Fuerza de San Lorenzo, S.A. in the development and financing of a 40MW distillate-fired turbine power plant in Honduras. Luz y Fuerza de San Lorenzo, S.A in connection with the construction of a 250 MW diesel-fired power plant in Honduras. Liquefied Natural Gas An LNG project developer in connection with the development of an LNG liquefaction terminal in Quebec. An LNG project developer in connection with negotiation of a pipeline gas-to-lng supply agreement in South America. Anadarko in connection with its LNG liquefaction project currently under development in Mozambique. Anadarko in connection with its negotiations of terminal use rights in the Bear Head LNG terminal project in Canada and subsequent sale thereof. Antillean Gas Ltd in the development of an offshore LNG receiving terminal project in the Dominican Republic. Bear Head LNG in connection with the development of its Bear Head LNG export project at Point Tupper, Nova Scotia, including commercial, construction and gas transportation matters. BP Indonesia in connection with the development and marketing of liquefied natural gas from the proposed Tangguh LNG plant. Eagle LNG Partners in connection with LNG marketing arrangements related to its proposed Florida-based LNG export facility. El Paso Energy in connection with the development of a proposed LNG receiving terminal on Grand Bahama Island. EOG Resources, Inc. in connection with the development of the Kitimat LNG liquefaction project and related structuring and commercial contracts

3 Floridian Natural Gas Storage in connection with a large-scale LNG peaker storage project in the U.S. supplying LNG for pipelines, vehicle fuel and export. Gas Sayago, a joint venture of Uruguayan government electric and fuels utilities, (and formerly, Administracioń Nacional de Usinas y Transmisiones Electricas (UTE)) in connection with import terminal and LNG supply arrangements for its marine LNG receiving terminal project near Montevideo. Gulf Coast LNG Partners in connection with regulatory, commercial and construction issues related to the proposed Calhoun LNG receiving terminal at Port Lavaca, Texas and related Point Comfort gas transportation pipeline. Macquarie in connection with U.S. LNG export commercial arrangements. NextDecade LLC in connection with the development of proposed LNG export terminals in Texas, including financing, commercial and construction matters. Pacific Stratus in connection with its marketing arrangements and other legal matters related to its LNG export project in Colombia, including negotiation of LNG sales and purchase agreement with Gazprom Marketing & Trading. Point Fortin LNG Exports Limited in connection with its long-term sales of LNG from Trinidad to the U.S. Rabaska Limited Partnership, a Quebec limited partnership, in connection with terminal use arrangements and procurement and construction issues related to its proposed LNG receiving terminal at Beaumont/Levy in Quebec, Canada. SeaOne Caribbean LLC in the development of its innovative CGLTM compressed gas liquids project to supply a mix of methane and heavier hydrocarbons in solution to Central American and Caribbean markets. Shell North America LNG in connection with various aspects of its business, including advice on issues related to North American LNG importing arrangements. Shell North America LNG in AES v. Florida Gas Transmission Company, a Federal Energy Regulatory Commission proceeding concerning the adoption of uniform tariffs for the introduction of re-gasified foreign LNG into Florida s natural gas pipeline system. Tractebel with respect to an EPC agreement for a LNG plant expansion in Trinidad and Tobago. Valero in connection with its proposed floating LNG import and re-gas terminal in Aruba. Woodside LNG in connection with its proposed Oceanway LNG receiving terminal and pipeline in Southern California. Midstream Energy A Mexican private-equity portfolio company in the development and financing of a proposed marine fuel import terminal, transport pipeline and inland distribution terminal. A Texas-based private-equity portfolio company in the development and sale of an NGL pipeline in the Permian basin. A Texas-based private-equity portfolio company in an oil-by-rail transaction including long-term contracts and asset acquisitions in Canada and the U.S

4 A Texas-based private-equity portfolio company in connection with its acquisition of salt storage rights and transportation assets for NGLs storage and transportation in the Gulf Coast region. Magnum NGLs in the development, operation, financing and sale to NGL Partners of its Utah natural gas liquids storage terminal. Macquarie Energy in connection with its project financing of the East Cheyenne gas storage project. Bobcat Gas Storage in connection with the development, project financing and construction of a high-performance salt dome gas facility in Louisiana and its $540,000,000 sale to Spectra Energy. Shell Energy Trading, as seller, in connection with its negotiation of a natural gas sales agreement with Calpine. Ultra Petroleum in connection with the establishment of a natural gas gathering system. Suntrust Bank in its project financing of Cardinal Gas Storage s Cadeville underground storage facility. Tejas Gas Company in structuring and documenting its participation in two gas transportation pipeline projects in Mexico, and obtaining related permits. Williams International in its negotiations to participate in a heavy oil pipeline venture in Ecuador. A seller/transporter of compressed natural gas (CNG) in connection with negotiation of contractual arrangements for proposed long-term CNG transport for Southern Hemisphere customer. Azerbaijan International Operating Company (AIOC), first in its structuring and formation, and subsequently, in the negotiation and documentation of its "early oil" pipeline projects,including intergovernment agreements and the first significant private firm export oil transportagreement entered into by Transneft in modern history. Shell Energy Trading in connection with various natural gas and electricity transactions, including as gas exchanger and balancer to Texas Municipal Gas Corp in connection with TMGC s taxadvantaged sales of natural gas to various Texas municipalities. El Paso Corporation in connection with a proposed open season for the Seafarer gas pipeline project, intended to transport natural gas from an LNG receiving terminal in the Bahamas to the east coast of Florida. Haddington Gas Storage (Netherlands) BV in connection with its acquisition of Continental Gas Storage GmbH, a company currently developing the first independent high-performance saltdome gas storage facility in the EU, located at Epe, Germany; and in its ongoing development activities. Haddington Ventures LLC, a private equity fund with investments in the midstream energy sector, in the US $122 million disposition of its interest in Lodi Holdings LLC, which owns a gas storage facility in California. Haddington Ventures LLC, a private equity fund, in connection with the successful closing of its third and fourth midstream energy investments funds

5 Lewis Energy Group in connection with transportation and processing of its Texas gas production. Petrochemical A specialty chemical manufacturer in the structuring of a joint venture for an ethylene oxide manufacturing project and negotiation of feedstock agreement. A Texas-based private-equity portfolio company in the development of a fuel additives manufacturing facility on the Houston Ship Channel. Credentials EDUCATION J.D., The University of Texas at Austin B.A., The University of Texas at Austin ADMISSIONS Texas ASSOCIATIONS Houston Bar Association State Bar of Texas Association of International Petroleum Negotiators LANGUAGES French German Spanish Recognition Most Highly Regarded Individuals THE INTERNATIONAL WHO S WHO OF ENERGY LAWYERS, 2015 Recognized in Energy Law THE BEST LAWYERS IN AMERICA, 2005 PRESENT Recognized in PROJECT FINANCE LAW, 2005 PRESENT Texas Super Lawyer (International, Energy & Natural Resources, Projects) SUPER LAWYER MAGAZINE, 2010 PRESENT The International Who s Who of Energy Lawyers 2011 PRESENT Projects (Band 3); LNG (Band 2) CHAMBERS GLOBAL,

6 Projects (Nationwide Band 3, Texas and Latin American Investment Band 1) CHAMBERS USA, 2016 Projects (Latin America-wide - Band 3; Energy & Natural Resources Band 3) CHAMBERS LATIN AMERICA, 2016 Projects: LNG (Nationwide - Band 2) CHAMBERS USA Energy; Corporate and M&A 2016 LATIN LAWYER: LATIN LAWYER 250 Energy and Infrastructure, Banking, Project Finance IFLR 1000, 2016 Insights CLIENT ALERT August 31, 2017 EPA s Ability To Provide Regulatory Relief To Facilities Facing Hurricane Harvey-Related Environmental Burdens October 24, 2016 Implementing A Competitive Natural Gas Market In Mexico - CENAGAS to hold its first open season NEWSLETTER March 1, 2018 Energy Newsletter March 2018 VIEW ALL ON KSLAW.COM Events CONFERENCE September 29, 2016 King & Spalding Energy Forum: Winds of Change in Latin America SPEAKING ENGAGEMENT June 22, 2017 Ken Culotta, Dan Rogers, Vera de Gyarfas to Host Networking Roundtable at LNG Americas Summit January 12, 2017 Jim Bowe, Ken Culotta to Appear at 15th Annual Platts Gas Storage Outlook Conference VIEW ALL ON KSLAW.COM News 6 6

7 PRESS RELEASE August 15, 2018 Best Lawyers in America Recognizes Over 100 King & Spalding Lawyers in 2019 Rankings RECOGNITION March 15, 2019 Latin Lawyer 250 Recognizes King & Spalding Among the Region s Leading International Law Firms February 19, 2019 King & Spalding Posts Strong Results in Chambers Global 2019 Guide VIEW ALL ON KSLAW.COM 7 7