Chanse J. Barnes

Chanse’s representative experience includes:

Private Equity, Mergers and Acquisitions, and Other Corporate Transactions

• Represented Stonepeak Infrastructure Partners in its US$2.5 billion investment into CoreSite, including a US$500 million add-on investment.
• Represented Neste Corporation in its US$1 billion investment in a renewable diesel joint venture with Marathon Petroleum.
• Represented a private equity firm in a business combination valued at US$1 billion involving portfolio companies holding mineral and royalty interests.
• Represented Stonepeak Infrastructure Partners in the sale of the Canal and Bucksport thermal power stations to JERA.
• Represented Stonepeak Infrastructure Partners in its acquisition of a majority interest in West Texas Gas
• Represented Key Capture Energy, LLC, a developer of large-scale energy storage projects, in an agreement to be acquired by SK E&S Co., Ltd.
• Represented certain affiliates of Macquarie Infrastructure Partners in connection with its acquisition of RailUSA, a freight railroad and rail services management company.
• Represented a portfolio company in connection with its acquisition of full ownership in a gas processing plant from minority interest holders.
• Represented private investment firm in out-of-court restructuring transaction of a solid waste management company.*
• Represented fintech issuer in its issuance of a penny warrant in connection with a large secured note financing.
• Represented trustee of several debtors in a Chapter 11 bankruptcy of an onshore oil and natural gas company.*
• Represented investment firm in the purchase of debt and securities from investors of a technology company serving as a government analysis platform.*
• Represented a group of creditors in connection with a credit bid to purchase the assets of an oilfield services debtor in a 363 sale.*
• Represented an undisclosed financial sponsor in its equity commitments of over US$500 million and debt commitments of over US$100 million, in connection with the development and construction of multiple battery storage facilities in the United States.*
• Represented a consortium of premier sponsors in connection with the recapitalization of Getronics.*
• Represented PBF Energy Inc. in connection with its sale of hydrogen plants to Air Products for a purchase price of US$530 million.*
• Represented a Fortune 100 technology company in connection with the acquisition of a UK-based technology company.*
• Represented White Oak Global Advisors, LLC in connection with the acquisition of multiple oilfield service businesses, including Felderhoff Brothers Drilling from Superior Energy, and the related restructuring and sale thereof to Scandrill Inc., a transaction awarded Deal of the Year by ACG Houston in 2020 in the category of Oil and Gas transactions under $500 million.*
• Represented the management team of a private equity-backed midstream company in connection with the formation of a producer midstream joint venture.*
• Represented a midstream salt-water disposal services provider in multiple acquisitions of salt water disposal infrastructure.*
• Represented a large independent midstream company in the restructuring and expansion of joint ventures with a public upstream company regarding gas gathering and processing plants.*

Finance

• Represented an administrative agent regarding a US$165 million DIP financing and a subsequent US$500 million revolving credit facility in connection with an oil and gas company’s exit from Chapter 11 bankruptcy.*
• Represented the administrative agent and co-joint lead arranger in a US$750 million revolving credit facility in connection with an oil and gas company’s exit from Chapter 11 bankruptcy.*
• Represented a financial institution in connection with a US$67.5 million term loan to fund a buyer’s acquisition of assets in a 363 sale and subsequent termination of term loan.*
• Represented the administrative agent and co-joint lead arranger in a US$4 billion unsecured revolving credit facility for a downstream oil and gas company.*
• Represented the administrative agent and co-joint lead arranger in a US$1.6 billion unsecured revolving credit facility for an independent oil and gas exploration and production company.*
• Represented the administrative agent and co-joint lead arranger in a US$2 billion reserve-based revolving credit facility to facilitate a Section 363 sale of oil and gas assets.*
• Represented administrative agents in a number of reserve-based revolving credit facilities ranging from US$250 million to US$1 billion.*

*Some of the above matters were handled prior to joining Sidley.

• Successfully represented clients in obtaining Special Immigrant Juvenile Status.
• Represented a non-profit organization providing social, educational, mentoring, and other related services to Houston-area youth in connection with a 501(c)(3) filing and general corporate governance matters.

• Houston Young Lawyers Association (2017 – present)
• Leadership Council on Legal Diversity Pathfinder Program (2021)