Justin T. Stolte

Justin has experience in a broad range of energy and infrastructure subsectors. Notable representations at Latham include:

Energy M&A

• MidOcean Energy, an LNG company managed by EIG Partners, in its acquisition of a combined 35% interest in Peru LNG, which owns and operates a 4.45 Mtpa LNG project located in Peru, via separate transactions involving Hunt and SK Earthon
• ExxonMobil in its sale of a 35% interest in the Baytown Hydrogen Facility, the world’s largest low-carbon hydrogen project, to ADNOC
• Woodside Energy in its US$2.35 billion acquisition of OCI Clean Ammonia Holding B.V., including its lower carbon ammonia project located in Texas, from OCI
• ArcLight Capital Partners in several transactions, including:
  • US$1.4 billion acquisition of a 41% interest in US Gulf Coast Express Pipeline (GCX), which owns a 447.5-mile natural gas pipeline located in Texas, via separate transactions involving Kinetik Energy and Targa Resources
  • US$1.0+ billion acquisition of a 37.5% interest in Natural Gas Pipeline Company of America LLC (NGPL), which owns and operates the largest natural gas network in North America, via separate transactions involving Kinder Morgan and Brookfield Infrastructure
  • US$1.3 billion sale of Midcoast Energy’s midstream business located in the US Gulf Coast region to M6 Midstream
• Enduring Resources, an EnCap portfolio company, in several upstream transactions, including US$5.0+ billion worth of acquisitions and divestitures in the Eagle Ford, Permian Basin, and San Juan Basin
• ConocoPhillips in its acquisition of a 30% ownership stake in the Port Arthur LNG Facility, a 13.5 Mtpa LNG project located in the US Gulf Coast, from Sempra Infrastructure Partners
• Quanta Services in its US$2.7 billion acquisition of Blattner Energy, a renewable energy infrastructure solutions company, from its private shareholders

Infrastructure M&A

• Wren House in its acquisition of an equity stake in Seacube Container Leasing Ltd., a global shipping container business, from OTPPB
• CPP Investments and OMERS Infrastructure in the US$2.0 billion sale of their respective stakes in Skyway Concession, a company that manages, operates, and maintains the Chicago Skyway toll road, to Atlas Arteria
• Cactus Feeders Inc. in its sale of Cactus Family Farms, an agricultural infrastructure business, to Standard Nutrition Company
• Talos Energy in its sale of Talos Low Carbon Solutions LLC, a CCUS infrastructure business, to TotalEnergies E&P USA, Inc.
• Ara Partners in its acquisition of Vacuumschmelze, a leading infrastructure producer of advanced magnetic materials and the largest producer of rare earth permanent magnets in the Western Hemisphere, from Apollo
• Greenbelt Capital Partners in its acquisition of Saber Power, a fully integrated substation and medium-to-high-voltage infrastructure services platform, from Oaktree

Project Development

• Alliant Energy in its development of the Columbia Energy Storage Project, an energy battery storage project located in Wisconsin
• Several LNG projects:
  • Driftwood LNG Project (Gulf Coast US)
  • EG LNG Project (Equatorial Guinea)
  • Kitimat LNG Project (Canada)
  • Peru LNG Project
  • Wheatstone LNG Project (Australia)
• Several CCS projects:
  • Talos Energy in the development of the Harvest Bend CCS Project located in the US Gulf Coast region
  • Chevron in the development of the Bayou Bend CCS Project located in the US Gulf Coast
  • ExxonMobil in the development of the Pecan Island CCS Project located in Louisiana
• Several low carbon fuel projects:
  • Clean Hydrogen Works in the development of the Ascension Clean Energy Project, a low-carbon hydrogen-ammonia project located in the US Gulf Coast region
  • Chevron in its US$1.2 billion joint venture with Bunge Limited and CoverCress, Inc. to develop a renewable fuel feedstocks platform across North America
  • Divert Inc. in its US$1.1 billion joint venture with Enbridge Inc. to develop wasted food-to-RNG projects across North America
  • Woodside Energy in the development of the H2OK Hydrogen Project, a net zero hydrogen project located in Oklahoma
  • Bakken Energy in the development of a low-carbon hydrogen hub located in North Dakota