Bradford Gathright

Brad focuses on project development and finance matters and corporate transactions in the energy industry, primarily in the conventional and renewable power and midstream oil and gas sectors.

• Engagements

  • An energy-focused private equity firm in the formation of a joint venture to invest in oil and gas interests in the San Juan basin and other producing areas in the United States, with aggregate commitments to fund up to $150 million.
  • An energy-focused private equity firm in the acquisition of two natural gas-fired simple-cycle power plants in Illinois – one 933 MW and one 448 MW – from a major energy company.
  • An alternative energy company in the acquisition of a 100 MW wind power generation facility being developed in Michigan.
  • An energy-focused private equity firm in the disposition of a 305 MW natural gas-fired power plant in Texas.
  • An energy-focused private equity firm in the formation of a joint venture to invest in U.S. power generation assets.
  • An energy-focused private equity firm in the acquisition of an undivided interest in a natural gas storage facility in Canada from a major energy company.
  • An energy-focused private equity firm in the acquisition and project financing of a 625 MW, state-of-the-art combined cycle power plant in Arizona, which included negotiation of a project financing facility comprised of a private placement of 25-year institutional notes and a commercial bank-backed letter of credit and working capital facility, and a holdco term loan facility that closed shortly after the acquisition.
  • An energy-focused private equity firm in the acquisition and financing of a crude oil, natural gas, fresh water and waste water gathering and delivery system in North Dakota and in the negotiation of long-term gathering and transportation contracts.
  • An energy-focused private equity firm in the sale of a 125-MW cogeneration facility in Michigan to another private equity fund.
  • An energy-focused private equity firm in its acquisition of a majority interest in, and related joint venture arrangements for, an approximately 700-MW natural gas-fired combined cycle power generation facility under construction in New Jersey, on subsequent sell-downs and co-investments involving its ownership interests, and ultimately on the sale of its interest to another partner.
  • An energy-focused private equity firm in connection with the formation of a master limited partnership with two major natural gas utilities, which resulted in a combined company with assets of nearly $11 billion.
    
  • An alternative energy company in the acquisition of a wind power generation facility being developed in Texas.
  • An alternative energy company in the acquisition of a wind power generation facility being developed in Minnesota.
  • An energy-focused private equity firm in the sale of the largest residual fuel oil terminal facility on the Gulf Coast.
    
  • An energy-focused private equity firm in its investment in, and in the structuring of joint venture arrangements with, several management teams investing in oil and gas interests.
    
  • An energy-focused private equity firm in the acquisition of an equity interest in, and structuring of joint venture arrangements for, a midstream natural gas pipeline system with over 8,000 miles of pipe, nine processing plants and 24 billion cubic feet of natural gas storage capability in Oklahoma and Texas.
  • An alternative energy company in the submission of bids for renewable power purchase agreements in response to requests for proposals from utilities all over the United States, including Arizona, Colorado, Illinois, Indiana, Michigan, Pennsylvania, Kansas, Missouri and Nebraska.
    
  • An alternative energy company in the negotiation of long-term power purchase agreements, turbine acquisitions, operation and maintenance arrangements, common facilities arrangements and other matters relating to the development of wind power generation projects in multiple states, including Colorado, Kansas, Idaho, Indiana, Pennsylvania and Texas.
  • An alternative energy company in the termination of a joint development agreement and the disposition of wind energy development assets in Virginia.
  • An energy-focused private equity firm in the acquisition of a 50% ownership interest in a coal-fired power plant that uses circulating fluidized bed technology, allowing the facility to use waste coal and to operate with lower emissions than traditional coal plants.
  • An energy-focused private equity firm in an investment in a 1.4 GW portfolio of power generation facilities located throughout Texas, in the subsequent preferred equity financing of the portfolio and in the refinancing of one of the facilities within the portfolio.
  • Various project developers and financial investors in due diligence and submitting bids to acquire interests in various assets, including gas- and coal-fired power generation facilities, wind and solar power generation facilities, landfill gas-to-energy projects, hydroelectric facilities, natural gas storage facilities and a retail energy business.