John Daywalt

John’s experience includes advising:

Oil and Gas

• ArcLight Capital Partners in several transactions, including:
  • US$865 million acquisition of a 25% interest from Phillips 66 and US$540 million acquisition of a 16% interest from Kinetik Energy, each in Gulf Coast Express Pipeline (GCX), which owns a 447.5-mile natural gas pipeline located in Texas
  • Acquisition of an additional 25% interest from Brookfield Infrastructure in Natural Gas Pipeline Company of America LLC, which owns and operates the largest natural gas network in North America  
• Five Point Infrastructure and its portfolio companies in several transactions, including:
  • US$2.375 billion sale of Northwind Midstream to MPLX
  • WaterBridge NDB in its Delaware Basin strategic partnership with Devon Energy
• Targa Resources in its US$1.25 billion acquisition of Stakeholder Midstream
• ConocoPhillips in its acquisition of a 30% ownership stake and offtake arrangements with Sempra Infrastructure Partners at the Port Arthur LNG Facility, a 13.5 Mtpa LNG project in Jefferson County, Texas
• Vencer Energy, a portfolio company of Vitol, in its US$2.15 billion sale of assets to Civitas Resources
• Sendero Midstream Partners, a portfolio company of Energy Capital Partners, in its US$600 million sale to Crestwood Equity Partners
• SailingStone Capital Partners in its equity investment in Trinity Gas Storage
• Kayne Anderson, through its portfolio company, FourPoint Resources, in its US$2.0 billion acquisition of Uinta Basin Assets from Ovintiv
• Talos Energy in its sale of Talos Low Carbon Solutions LLC, a carbon capture and sequestration business, to TotalEnergies E&P USA, Inc.
• Marubeni America Corporation in its joint venture with Ozona CCS to develop and operate a carbon capture and sequestration project in Texas
• EnCap Investments in the 100% equity sale valued at approximately US$151.3 million of certain oil and gas royalty assets to Kimbell Royalty Partners*
• Oasis Petroleum in its US$510 million sale of its remaining interests in Bobcat DevCo LLC and Beartooth DevCo LLC to Oasis Midstream Partners*
• CARBO Ceramics, Inc. in its sale to Wilks Brothers and Equify Financial through a debt-for-equity exchange pursuant to a plan of reorganization in a chapter 11 bankruptcy case*

Alternative Energy

• Terra-Gen in its sale of an 80% interest in Edwards Sanborn 1A and a 50% interest in Edwards Sanborn 1B, co-located solar plus storage projects in Kern County, California comprised of a combined 800+ MWac of solar capacity and 3,000+ MWh of battery storage, to an affiliate of Axium Infrastructure
• EnCap Investments in its investment in Parliament Solar, a joint venture with Mercuria Energy, to construct and operate a 480 MWac solar project in Waller County, Texas
• Partners Group in its acquisition of a controlling stake in Dimension Renewable Energy, a distributed energy platform focusing on community solar and battery storage across the US
• Oklo, an advanced nuclear technology company, in its acquisition of Atomic Alchemy
• An annuity and life insurance company in its acquisition of two utility scale solar projects in West Texas with a capacity of 250 MWac from Recurrent Energy*

Technology, Data Centers, and Digital Infrastructure

• Crosstimbers Capital Group and Tachus in its sale of Tachus to Ezee Fiber, a portfolio company of I Squared Capital
• Marlin Equity Partners in its majority investment in ProcessUnity, a leading provider of third-party risk and cybersecurity management software solutions
• A US private equity firm in its sale of a developer and operator of hyperscale data center campuses
• A US private equity firm in its joint venture to develop and operate power infrastructure for data centers across the United States
• Clovis Point Capital in its sale of CPaT Global, a SaaS-based distance learning solution for airlines, training organizations, aircraft maintenance companies, and aviation professionals
• NOVA Infrastructure and Quintana Infrastructure & Development in their majority investment in telMAX Inc., a Canadian fiber-based telecommunication infrastructure company*
• TPG Pace Tech Opportunities Corp., a special purpose acquisition company and affiliate of TPG Global, in its US$1.7 billion business combination with Nerdy​​​​​​*

Equity Financings and Commitments

• Vickery Energy Partners in obtaining an equity commitment from Quantum Capital Group
• X2 Resources in obtaining equity commitments from EnCap Investments, Westlawn Group and Rice Investment Group
• Vitol in its equity commitment to VTX Energy Partners
• EnCap Flatrock Midstream in its equity commitment to Clearfork Midstream in connection with Clearfork’s acquisition of Azure Midstream
• EnCap Investments in multiple equity commitments and management buildups of upstream companies worth a combined investment total of more than US$2 billion*
• Inspiration Mobility, an EV infrastructure platform, in securing an equity commitment of US$215 million from Macquarie Asset Management and Ferrovial
• TerraVolta, a lithium exploration and mining company, in securing an equity commitment from The Energy & Minerals Group
• Pickering Energy Partners in connection with the Series A financing of Merge Electric Fleet Solutions, a premier fleet electrification services and finance company
• Canes Midstream, a company focused on acquiring and developing oil and gas midstream infrastructure, in an equity commitment by EIV Capital and Canes’ management*

Additional M&A and Private Equity Transactions

• Two limited partners in the consortium that acquired the Washington Commanders for US$6.05 billion
• Textron in its acquisition of Pipistrel Aviation
• Tiger Infrastructure in several transactions, including:
  • Tiger’s growth equity investments in Bolder Industries and Raptor Waste Solutions
  • International Aerospace Coatings, a portfolio company of Tiger Infrastructure and a global leader in aircraft painting and aviation services, in its issuance of more than US$240 million in 4(a)2 private placement notes with an investment-grade rating
• Trussway in its sale to Builders FirstSource
• Wafra in its joint venture with Chesswood Group Limited
• Sallyport Commercial Finance in its sale to Northrim BanCorp
• GoGreen Investments Corporation in its business combination with Lifezone Metals Limited, a developer of clean battery metals
• FleetPride, a portfolio company of TPG Capital, in its sale to American Securities LLC*

*Matter handled prior to joining Latham