Kirkland Advises EIG on Investment in NextEra Midstream Assets

Kirkland & Ellis advised EIG Global Energy Partners on its definitive agreements with NextEra Energy Partners LP (NYSE: NEP) to acquire $750 million in equity interests in South Texas Midstream, LLC, a newly-formed joint venture with NEP. South Texas Midstream will own and operate a portfolio of seven natural gas transportation pipelines and related assets in Texas. The transaction closed on December 4.

The Kirkland team was led by transactional partners John Pitts, Kevin Crews and David Thompson, and associates Patrick Moneypenny and Daniel Cadis; debt finance partners Roald Nashi and Rustin Brown, and associates Osaro Aifuwa and Camila Bourguignon; tax partners Michael Beinus and Sehj Vather, and associate Vivek Ratnam; capital markets partner Julian Seiguer, and associates Chris Fox and Logan Weissler; environmental transactions partner Stefanie Gitler and associate Devi Chandrasekaran; energy regulatory partner Brooksany Barrowes and associate Drew Stuyvenberg; derivatives partner Drue Santora; and antitrust partner Ellen Jakovic.