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Bracewell LLP Represents Kinder Morgan in Sale of 49% Equity Interest in Elba Liquefaction Company, L.L.C. to EIG Global Energy Partners

March 3, 2017

HOUSTON  Kinder Morgan, Inc. (NYSE: KMI) announced that investment funds managed by EIG Global Energy Partners (EIG) have become a 49 percent joint venture participant in Elba Liquefaction Company, L.L.C. (ELC). To acquire its membership interest in ELC, EIG has made an upfront cash payment of approximately $385 million and has agreed to fund its share of future capital expenditures necessary to complete construction and commissioning of the liquefaction facility, subject to the terms and conditions contained in the applicable agreements. The total project cost is estimated to be approximately $1.3 billion, excluding capitalized interest.

Kinder Morgan attorneys involved in the transaction include: 

  • David R. DeVeau, General Counsel
  • Adam Forman, Deputy General Counsel
  • J. Curtis Moffatt, Deputy General Counsel
  • R. Eric McCord, Assistant General Counsel
  • Patricia S. Francis, Assistant General Counsel
  • Jordan H. Mintz, Chief Tax Officer
  • Jeffrey A. Utay, Vice President, Tax

Bracewell attorneys involved in the transaction include:

Partners: W. Cleland Dade, Gregory M. Bopp, Lance W. Behnke, Timothy A. Wilkins, Aaron P. Roffwarg, Heather Brown and Robin J. Miles

Associates: Lytch T. Gutmann, Jeris D. Brunette, Charlotte Keenan, Jennifer R. Necas, Kristen A. Wong, Mark Dendinger and Kenni E. Callahan