Foley & Lardner LLP announced these days that it served as legal advisor to Blackbuck Means LLC (“Blackbuck”), which styles, builds, and operates drinking water infrastructure, in the growth of its sustainability-linked expression financial loan with Riverstone Credit Companions LLC, a devoted credit history financial investment platform centered on vitality, ability, decarbonization, and infrastructure managed by Riverstone Holdings LLC (“Riverstone”).
The upsized financing presents Blackbuck with further liquidity to execute on accretive development ensuing from just lately signed contracts all-around its Midland Basin and Delaware Basin platforms. The facility’s pricing will be adjusted centered on Blackbuck’s adherence to sure sustainability performance targets, described by vital overall performance indicators set internally by Blackbuck.
Primarily based in Houston and Midland, Blackbuck layouts, builds, and operates h2o infrastructure and offers solutions for the oil and gas business, with a main aim on the Permian Basin. The team is comprised of professionals with knowledge in h2o disposal and therapy, pipeline administration and oil and gasoline operations.
The Foley crew symbolizing Blackbuck was led by Companion Hoang Quan Vu and Associate Jenny Gardner and incorporated Special Counsel Nick Faleris and Associate Jaylin Taff.
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