![Darin W. Schultz](https://media.velaw.com/wp-content/uploads/2020/06/12135808/102298_Schultz_4x5-819x1024.jpg)
Darin W. Schultz
![Darin W. Schultz](https://media.velaw.com/wp-content/uploads/2020/06/12135808/102298_Schultz_4x5-819x1024.jpg)
Texas Tower
845 Texas Avenue
Suite 4700
Houston, Texas 77002
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Darin Schultz advises on secured lending transactions in the energy sector, working with clients on financings through every stage of the business life cycle. His practice focuses primarily on representing borrowers, including emerging ventures, established companies and private equity sponsors, in a wide variety of syndicated financings. Darin has extensive experience in deals involving upstream, midstream and oilfield services companies; acquisition finance; and project finance. He has also represented lenders in a variety of transactions.
Experience Highlights
Targa Resources Partners and Targa Resources Corp. in the $7.7 billion acquisition of Atlas Pipeline Partners and Atlas Energy
Blue Racer Midstream, LLC, a joint venture between Caiman Energy II, LLC and Dominion Resources, in a $800 million credit facility
AES Gener S.A. in the development and project financing of the Angamos project, a 462 MW coal-fired power plant in Chile; named Project Finance International’s Power Deal of the Year (Americas), Power Finance & Risk’s Deal of the Year
Caliber Midstream Partners, L.P., a joint venture between First Reserve and Triangle Petroleum, in a $200 million revolving credit facility
Anadarko Petroleum Corporation in a $5 billion secured revolving credit facility
RockPile Energy Services, LLC in a $150 million secured revolving credit facility
QES Holdco LLC, a Quintana company, in a $200 million secured revolving credit facility
Goodrich Petroleum Corporation in various financing matters in support of a $350 million reserve-based credit facility
Parsley Energy, L.P. in various financing matters in furtherance of a $750 million reserve-based credit facility and parent initial public offering
Endurance Resources Holdings, LLC, a Lime Rock portfolio company, in a $150 million reserve-based credit facility
Deep Gulf Energy II, LLC, a First Reserve portfolio company, in a $150 million senior secured credit facility
Midstates Petroleum Company, Inc. in a $750 million reserve-based credit facility in furtherance of the acquisition financing of approximately $620 million of producing properties and undeveloped acreage
An international private equity fund in a $2 billion reserve-based credit facility in furtherance of acquisition financing
Globe Energy Services in a secured asset-based lending credit facility and acquisition financing
An international private equity fund in connection with the acquisition of $1 billion of performing/sub-performing secured loans and equity interests
JPMorgan Chase Bank, N.A. in a $375 million senior secured revolving and term loan credit facility to a borrower in the industrial construction and fabrication industry
Newfield Exploration Company in a $1.25 billion investment-grade credit facility
Lead arranger and administrative agent in $98 million secured acquisition financing with respect to a power project in Georgia
Westlake Chemical Corporation in various credit facility matters in furtherance of an MLP initial public offering
A venture capital/private equity firm in the $110 million acquisition financing of a surveying and mapping company
Great Northern Midstream, a Quintana Infrastructure and Development investment, in the development, financing, and refinancing of the BakkenLink crude oil pipeline in North Dakota
LS Power in the project financing of the Cross Texas Project, an approximately 234-mile electric transmission line and related facilities
Constellation Energy Group in the project financing of rooftop and ground-mounted solar projects in various states throughout the U.S.
A leading international energy company in the financing of the GNL Quintero Project, a major LNG facility in Chile; named “Americas Oil and Gas Deal of the Year for 2008” by Project Finance International
WestLB AG in the $990 million project financing of the 750 MW La Yesca Hydroelectric Project in Mexico; named as Project Finance International’s Power Deal of the Year (Americas)
AES Gener S.A. in the $440 million development and financing of the Nueva Ventanas project, an approximately 242 MW coal-fired power project in Chile; named Project Finance’s 2007 “Latin America Power Deal of the Year”
Trans-Allegheny Interstate Line Company in the financing of the 210-mile TrAIL electric transmission line
Credentials
- Georgetown University, J.D. cum laude, 2004 (Executive Editor, The Tax Lawyer)
- Georgetown University, B.S., Accounting and Finance magna cum laude, 2001 (Beta Gamma Sigma; Alpha Sigma Nu)
- Law Clerk, Environmental and Natural Resources Division, U.S. Department of Justice, 2001
- Judicial Clerk to The Honorable Gerald W. VandeWalle, North Dakota Supreme Court, 2004–2005
- Selected to the Texas Rising Stars list, Super Lawyers (Thomson Reuters), 2014−2018
- IFLR1000, 2021-2023
- Selected to the 500 Leading Energy Lawyers, Lawdragon, 2023 and 2024
- Legal 500 U.S., Finance: Commercial Lending, 2023
- Member, Texas Business Law Foundation
- Virginia
- District of Columbia
- North Dakota
- Texas
- Deals & CasesAugust 15, 2024
- Deals & CasesJune 4, 2024
- Deals & CasesApril 1, 2024
- Enbridge to Enter into JV Connecting Permian Basin Natural Gas Supply to Growing LNG and USGC DemandDeals & CasesMarch 27, 2024
- Deals & CasesMarch 15, 2024
- Deals & CasesDecember 20, 2023
- Deals & CasesDecember 6, 2023
- Deals & CasesNovember 16, 2023
- Rankings & AwardsJuly 14, 2023
- Rankings & AwardsJune 12, 2023
- Deals & CasesMarch 27, 2023
- Rankings & AwardsMarch 17, 2023
- Deals & CasesNovember 1, 2022
- Deals & CasesOctober 17, 2022
- Deals & CasesSeptember 22, 2022
- Deals & CasesSeptember 16, 2022
- IFLR1000 2022 Recognizes Vinson & Elkins in 21 Practice Categories, Recommends 49 Individual LawyersRankings & AwardsAugust 25, 2022
- Deals & CasesAugust 1, 2022
- Deals & CasesJune 17, 2022
- Deals & CasesMay 25, 2022
- Deals & CasesMarch 14, 2022
- Deals & CasesFebruary 17, 2021
- “Reserve-Based Lending: Market Trends and Recent Developments,” Energy Series, V&E Houston Office, February 6, 2019 (speaker)
- Kentucky & Mineral Law Conference, “Access to Capital – Creative Financing Options,” October 2017 (speaker)
- “Energy Finance – Loan Market Trends and Recent Developments in an Uncertain Commodity Price Environment,” V&E Houston Office, September 13, 2017 (speaker)