Served as gas and swap counsel to The Black Belt Energy Gas District in closing on a transaction providing for Black Belt Energy’s issuance of $718.2 million of tax-exempt bonds to fund the purchase of a 30-year supply of natural gas from an affiliate of Goldman Sachs to be sold at a substantial discount to market prices starting in November 2026 to the Louisiana Community Development Utility Commission (LCDUC), a Louisiana gas utility, and later resold to TotalEnergie North America Gas and Power for use in the production of liquefied natural gas in Cameron Parish, Louisiana. This matter marks the 25th prepay transaction in which McCarter has represented Black Belt Energy as its gas and swap counsel since 2016.
McCarter & English, LLP | Contents of this website may contain attorney advertising. | Results may vary depending on your particular facts and legal circumstances.