Greg S. Sorensen

Mr. Sorensen has counseled on some of the industry’s most high-profile transactions, including joint ventures during the project development phase, that have involved alternative energy and energy transition initiatives, as well as projects involving LNG, renewable energy, oil and gas, and digital infrastructure projects.

Mr. Sorensen’s experience includes representing:

• BCE in the formation of Network FiberCo, a strategic partnership with PSP Investments to accelerate the development of fiber infrastructure in the U.S.

Mr. Sorensen’s experience prior to joining Skadden includes:

Alternative Energy, Energy Transition, LNG and Renewables Transactions

• Woodside Energy on its $2.35 billion acquisition of OCI Clean Ammonia Holding B.V., including its lower carbon ammonia project in Texas
• Fortescue Future Industries, a Fortescue Metals Group subsidiary, on its acquisition of Phoenix Hydrogen Hub, owner of a proposed green hydrogen project in Arizona
• ConocoPhilips on acquiring a 30% ownership stake and offtake arrangements with Sempra Infrastructure Partners at the Port Arthur LNG Facility
• AB CarVal on a $700 million investment in Peregrine Energy Solutions, an integrated clean energy platform focused on utility-scale energy storage
• Crimson Renewable Energy Holdings on the sale of its used cooking oil collection and aggregation business to Neste, the world’s leading producer of renewable diesel and sustainable aviation fuel produced from waste and residue raw materials
• a consortium investor on a preferred equity financing for more than $1 billion for Blue Source Sustainable Forests Co. (BSFC) and BSFC’s acquisition of 1.7 million acres of timberland
• Bakken Energy on the development of a $2 billion hydrogen hub in North Dakota
• Chevron USA on its joint venture with Bunge North America to create renewable fuel feedstocks in the U.S.
• Chevron Corporation on its investment into low-carbon oilseed producer CoverCress
• Quantum Energy Partners on:
  • the formation and investment in ConnectGen, a renewable energy company, and the acquisition of non-transmission development assets from Clean Line Energy Partners
  • the formation and investment in 547 Energy to focus on the acquisition and development of clean energy and renewables projects and companies
• Deepwater Wind, a U.S.-based offshore wind developer, on its sale to Ørsted, which created a combined organization to deliver clean energy to every coastal state between Massachusetts and Virginia

Oil and Gas Transactions

• Arclight Capital Partners on:
  • the acquisition of a 50% interest in the King’s Quay floating production system and associated export lateral pipelines from Murphy Exploration & Production Company – USA, a subsidiary of Murphy Oil Corporation
  • its investment and partial ownership arrangement in the Salamanca Production Facility offshore in the Gulf of Mexico
  • the acquisition of substantially all of Energy Corporation of America’s assets and its simultaneous financing and partnership with Greylock Energy
• Navitas Petroleum on the project development and financing of the Shenandoah platform, located offshore in the Gulf of Mexico
• DJR Energy, a Trilantic North America portfolio company, on its acquisition by Whiptail Midstream
• Sabine Oil & Gas Corporation on its midstream joint venture with Align Midstream Partners II and the completion of the TOPS Pipeline
• a multinational conglomerate on drilling joint ventures in the Barnett Shale and SCOOP/STACK with a publicly traded exploration and production (E&P) company
• an international oil and gas company on the sale of a preferred equity investment in its U.S. holding company
• EQT Corporation on the $2.93 billion acquisition of Alta Resources Development
• Greylock Energy on the acquisition of Uinta and Green River basin assets in Utah and Wyoming
• Nine Point Energy on the $250 million sale of its Williston Basin assets to Bowline Energy pursuant to Section 363 of the Bankruptcy Code
• QEP Resources on the $735 million sale to Aethon Energy of its upstream assets and midstream business in the Haynesville Shale
• DJR Energy, a Trilantic North America portfolio company, on the acquisition of San Juan Basin assets from Encana Corporation, a Canada-based oil and gas exploration and development company
• an independent oil and gas exploration and production company based in Brazil on the divestment of certain offshore Brazilian assets to a subsidiary of a multinational energy company
• a private E&P company on multiple acquisitions of STACK oil and gas properties from various private sellers
• an American global independent energy company and certain subsidiaries on divesting $600 million of operated enhanced oil recovery (EOR) assets in the Permian Basin of West Texas and New Mexico to a subsidiary of an international oil and gas exploration and production company
• a private E&P company on the acquisition of oil and gas assets in Crockett, Reagan, Schleicher, Irion and Upton counties in Texas
• Weatherford International on the sale of its pressure pumping and pump-down perforating assets to Schlumberger Technology Corporation, a subsidiary of Schlumberger Limited

Digital Infrastructure Acquisitions, Divestitures and Joint Ventures

• Basalt Infrastructure Partners on the acquisition of Fatbeam, a leading broadband service provider
• Investment Management Corporation of Ontario on its $250 million investment in Scala Data Centers, a leading Latin American sustainable data centers platform in the hyperscale market that is headquartered in Brazil and backed by DigitalBridge
• a private telecommunications company on the sale of a fiberoptic system to another company in the sector