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Latham & Watkins Advises Riverstone in Agreement to Buy International-Matex Tank Terminals from Macquarie Infrastructure Corporation

November 9, 2020
A multidisciplinary deal team is advising the energy and power-focused private investment firm on the US$2.685 billion deal.

Riverstone Holdings LLC (Riverstone) has announced that they have entered into a definitive agreement to buy International-Matex Tank Terminals from Macquarie Infrastructure Corporation for total consideration of US$2.685 billion subject to customary closing adjustments.

Latham & Watkins LLP represents Riverstone in the transaction with a corporate deal team led by Washington, D.C. partner Nicholas Luongo, New York partner Charlie Carpenter, and Washington, D.C. counsel Elizabeth More, with associates Patrick Tomlinson, Kelsey Schutte, and Kavita Satiya. Advice was also provided on compliance matters by Washington, D.C. partner Eric Volkman, with associate Catherine Yao; on benefits and compensation matters by Washington, D.C. partner Adam Kestenbaum, with associate Daniel Gocek; on environmental matters by Washington, D.C. partner James Barrett, with associate Samuel Scott; on finance matters by Washington, D.C. partners Jeffrey Chenard, Scott Forchheimer, Shagufa Hossain, and Patrick Shannon, Houston partner Matthew Jones, and Los Angeles counsel Anna Rienhardt, with associates Samuel Rettew, Max Fin, Adam Fovent, Benjamin Gelfand, Christopher Wood, and Marie Greenman; on government contracts matters by Washington, D.C. counsel Dean Baxtresser, with associate Morgan Maddoux; on insurance matters by Washington, D.C. partner David Barrett and Los Angeles partner Drew Levin, with associates Hannah Cary and Charles Sprague; on intellectual property matters by New York partner Steven Betensky and New York counsel Carrie Girgenti, with associate David Suh; on project finance matters by Houston partner Jonathan Castelan, with associates Thomas Hillebrand, Luke Strother, Monica White, and Samuel Bentley; on real estate matters by New York partner Dara Denberg, with associates Zachary Wender, Hui Zhu, and Michael Nieberg; on tax matters by Washington, D.C. partner Cheryl Coe, with associate Eli McCrain; and on energy regulatory matters by Washington, D.C. partner Patrick Nevins.

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