TC Energy Partners with Global Infrastructure Partners Through $5.2B Sale of a 40% Equity Interest in Columbia Gas and Columbia Gulf
Vinson & Elkins advised Global Infrastructure Partners in the execution of a definitive agreement with TC Energy to acquire a 40 percent interest in its Columbia Gas Transmission, LLC (Columbia Gas) and Columbia Gulf Transmission, LLC (Columbia Gulf) systems, in a new joint venture, with total proceeds expected to be US $3.9 billion in cash, to be paid at closing, subject to certain customary adjustments.
The Vinson & Elkins team was led by partners Robert Hughes and Eamon Nolan and senior associate Austin White, with assistance from associates Michelle Fu, Tessa Krieger-Carlisle and Maham Shahzad. Other key team members include partner David Wicklund, counsel Zach Rider and associate Taylor Daily; partner Jason McIntosh and associate Katie Dillard; partner Damien Lyster and associate Ryan Hoeffner; counsel Megan Menniti, senior associate Michael Zarcaro and associate Vestita Kuntz; partner Sarah Mitchell, senior associate Alexander Baker and associate Victoria Bahrami-Negad; partner Matt Dobbins, counsel Brandon Tuck, senior associate Grant Tolley and associate Kelly Rondinelli; counsel Rajesh Patel and associate Haley Titcomb; partners Hill Wellford and Kara Kuritz and associates Adam Thomas and Alyx Eva; partner Sean Becker and associate Andrew Cox; and partner David D’Alessandro and associate Kenneth Strain.
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For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 13 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.
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- EventDecember 5, 2024