Caliche to Continue Expansion Backed by Sixth Street
Vinson & Elkins advised Sixth Street Partners, a leading global investment firm, in its investment in Caliche Development Partners (“Caliche”), a company focused on the acquisition, development, and operation of natural gas and industrial gas storage assets as well as carbon sequestration.
Sixth Street’s majority investment includes Caliche’s Golden Triangle Storage (“GTS”) facilities and carbon sequestration development project in Beaumont, TX, and its Central Valley Gas Storage facilities in Princeton, CA.
The Vinson & Elkins team was led by partners Matt Falcone and Francisco Morales Barron, with assistance from partner Kaam Sahely, senior associate Michael Zarcaro, associates Zach Parker, Drew Clements, Brian Park, Joseph Balhoff, Brian Broussard, Chris Chiavaroli and Fon Kunanusorn. Also advising were partner Sarah Mitchell, senior associate Alexander Baker, and associate Janae Wilson; partner Mark Holmes, counsel Zach Banks, associate James Payne, and senior property rights analyst Robert Jowers; partner David Peck and associate Sarah Coe; partner John Decker and senior associate Andrew DeVore; counsel Corinne Snow and associate Kevin Moscon; partners Shane Tucker, Patricia Adams, senior associate Nicole Waterstradt, associate Keira Kuntz; partner Sean Becker and associates Peter Goetschel and Ashley Plunk; partner Hill Wellford and counsel Evan Miller; counsel Rajesh Patel and associate Haley Titcomb; and counsel Hal Taylor and senior associate Callie Poorman.
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