概览
Eduardo Canales represents clients on domestic and cross-border M&A, project development and finance, corporate matters and joint ventures, with a particular focus on oil & gas, LNG, infrastructure, renewable energy, technology, mining, manufacturing, and consumer industries.
He has advised international oil companies (IOCs), national oil companies (NOCs), governments, project developers, strategic investors, financial institutions, investment funds and their portfolio companies on the structuring and execution of complex transactions and projects in more than 40 countries totaling more than US$80 billion in transaction value.
Mergers and Acquisitions: Eduardo represents buyers and sellers in domestic and international mergers, acquisitions and dispositions of strategic businesses and assets. Eduardo has extensive experience advising public and private companies and private equity funds in transactions across a broad range of industries, including energy companies, telecommunications/technology companies, infrastructure companies, and mining companies.
Oil & Gas: Eduardo guides upstream and midstream oil and gas companies, oilfield services and equipment companies in connection with the acquisition, operation and disposition of assets across the entire energy supply chain. He has extensive experience in connection with hydrocarbon transportation, supply, offtake, gathering and processing agreements, operating agreements, farmouts and farmins, DrillCo arrangements, participation, exchange and joint development agreements, and water disposal and transportation agreements.
Project Development & Finance: Eduardo advises funds, sponsors, developers and strategic market participants in the construction, development, financing, operation and commercialization of large scale infrastructure projects, including LNG, renewable energy, mining, oil & gas, hydrogen and carbon capture, including the drafting and negotiation of project development agreements for thermal and renewable generation projects, operation and maintenance of plants and terminals, fuel supply, trading and sales, with an emphasis on LNG liquefaction services, regasification services, and purchase and sale of LNG and refined products. He also advises institutional/private lenders, sponsors, and borrowers in the preparation, negotiation, and administration of term loans, credit facilities, and private note offerings across different industries and jurisdictions.
Private Equity: Eduardo works with private equity funds, portfolio companies and management teams in structuring, negotiating and documenting equity/investment commitments, governance agreements and other corporate matters in the energy industry. His counsel focuses on upstream oil and gas and energy infrastructure investments.
Joint Ventures: Eduardo leads multidisciplinary teams in the formation, governance, and management of domestic and international joint ventures, and assists international companies in country entries, government negotiations, investment protection, and design/implementation of efficient corporate structures.
执业经验
*Domestic Oil & Gas Transactions:
- Pine Wave Energy in its sale of entities holding oil and gas assets to Rockcliff Energy for $465 million.
- EOG Resources in its acquisition of Encino for $5.6 billion.
- Amber Energy in its acquisition of CITGO for $7.28 billion.
- Point Energy in its sale of upstream assets to Vital and Northern Oil & Gas for $1.1 billion.
- FireBird Energy in its sale of upstream assets to Diamondback Energy for more than $1.6 billion.
- Tug Hill in its sale of oil and gas assets to EQT Corporation for more than $5.2 billion.
- HighPeak Energy in its acquisition of upstream assets from Hannathon Petroleum et al for more than $370 million.
- Tug Hill in its sale of oil and gas assets to Chesapeake Energy Corporation for more than $2.4 billion.
- Pine Wave Energy in its sale of oil and gas assets to Silver Hill Energy for more than $300 million.
- Diamondback Energy in its $9.2 billion all-stock merger with Energen Corporation.
- Diamondback Energy in its $2.2 billion acquisition of QEP Resources.
- Diamondback Energy in various acquisitions of upstream and midstream Permian assets worth $700 million.
- A public E&P company in its sale of upstream and midstream assets worth $500 million in the Permian Basin.
- A public E&P company in the formation of a strategic partnership with private equity funds to acquire and operate oil and gas properties in South Texas worth $2.3 billion.
- A private company in the sale of its West Texas midstream assets totaling over $750 million.
- A public E&P company in creation of spinoff entity to own and operate all midstream assets.
- A private equity fund in multiple acquisitions of upstream assets in Texas, New Mexico, Louisiana and Colorado.
- EP Energy in its sale of Haynesville and Bossier assets worth over $500 million.
- Stone Energy in its $2.5 billion merger with Talos Energy.
- Multiple clients on oil and gas participation, acreage exchange, joint development, “Drillco” and farmout transactions.
- Multiple clients in connection with hydrocarbon marketing and midstream agreements and production sharing contracts.
- Multiple clients on oil-related water transactions including water transportation, disposal and recycling.
*International Oil & Gas Transactions:
- Pan American Energy in the partial sale of oil and gas assets in Argentina to Continental Resources.
- Hokchi Energy in multiple transactions relating to sale of non-operated participating interests in an offshore block in Mexico to WintershallDEA and AINDA for more than $700 million.
- Lukoil in its $2.25 billion acquisition of participating interest in Shah Deniz Field in Azerbaijan.
- SierraCol in its purchase of oil and gas assets in Colombia from Repsol and Cepsa.
- APUS Energy in its acquisition of upstream assets in Guinea Bissau and Mexico.
- Apache Corporation in its $7.5 billion farmout transaction in Suriname.
- Lukoil in its acquisition of participating interest in Absheron Field in Azerbaijan.
- DEA Deutsche Erdoel AG in its acquisition of Sierra Oil and Gas for more than $500 million.
- Lukoil in its acquisition of Fieldwood Mexico’s upstream assets for more than $600 million.
- A publicly traded energy company in connection with a unitization, offshore Mexico.
- A major, international energy company in the negotiation of Production Sharing Contracts in Dominican Republic, Uruguay and Suriname.
- A major, international energy company in the negotiation of a Caspian Sea joint development zone.
- Private E&P company in the acquisition of participating interest in a Production Sharing Contract in Kurdistan.
- Public E&P company in the acquisition and exchange of participating interests in a Production Sharing Contract in Nigeria.
- An independent exploration and production company in a North Sea unitization.
- Mexican governmental agency regarding the implementation of energy reforms and model contract forms used in Mexico’s first international oil and gas bidding round.
- Multiple clients in negotiation of JOAs, production sharing/handling contracts, drilling services contracts and rig sharing agreements in numerous jurisdictions.
*Energy Transition and Project Development:
- A renewable energy infrastructure fund on the acquisition of numerous investments in early development-stage wind, solar and energy storage projects throughout the United States.
- Valero in the negotiation of a joint venture to build refined-products terminals in Mexico.
- A private equity fund in its acquisition and development of wind and solar asset portfolio in Mexico.
- A data center developer in the financing and construction of a data center in California for $425 million.
- VIP Green Mobility (Vitol) in negotiation with bus manufacturer, infrastructure contractors, operators and banks with regards to the acquisition, construction, financing and operation of electric buses and bus yards in Bogota, Colombia.
- A private equity fund in its financing, acquisition and development of solar projects in Chile.
- Origis in its development and sale of renewable energy projects in Florida, Mississippi and Georgia.
- Quinbrook Infrastructure Partners in its construction financing for a 300 MW wind project in Texas.
- A private equity fund in its acquisition and development of waste-to-gas facilities.
- A hydrogen company its negotiation of numerous hydrogen sales agreements.
- A private company in the sale of its carbon capture assets and operations in the United States.
- An independent E&P company in the construction and installation of two large fixed-leg offshore oil and gas platforms in U.S. GOM including drafting and negotiating EPC Contracts, T&I Agreements and other related documents.
- A private equity fund in the purchase and completion of a petrochemical facility in the U.S. including the drafting and negotiating of EPC agreement, feedstock agreements, offtake agreements and services agreements.
- A consortium of private lenders in the financing of an FPSO for production operations in Brazil.
- A major, international energy company in connection with an operating agreement and cost-sharing arrangements relating to a Gulf of Mexico floating production storage and offloading unit and related production system.
- Multiple LNG clients on long-term and spot sale/purchase agreements, liquefaction tolling services agreements, regasification services, terminal use agreements, feed gas supply agreements and other related arrangements.Multiple clients in construction of infrastructure projects, including engineering and procurement contracts (EPC) and supply agreements for oil and gas development facilities, treatment and production projects, and pipelines.
*Private Equity, Finance and Corporate Matters:
- Cando Rail & Terminals in the acquisition of the Channelview Terminal.
- An international oil company in its formation of a joint venture in Dubai.
- An energy private equity sponsor in connection with the formation of numerous portfolio companies focused on the acquisition, exploration and production of oil and natural gas assets, mineral and royalty acquisition, and low carbon energy solutions.
- An offshore drilling services company in liquidating all its assets, including its global fleet of liftboats, rigs and drilling vessels worth over $2 billion in UK, Nigeria, Saudi Arabia, Congo, Qatar, South Korea, U.S. and India.
- A private equity company in the combination of its oilfield services portfolio companies.
- Baseline Energy Services, an oilfield services company, in its sale to Pennybacker Capital Management.
- Clear Channel in the sale of its operations and assets in Mexico, Peru, Chile and Brazil.
- Grupo Bursátil Mexicano (GBM), a Mexican investment platform, in a $150 million investment by SoftBank.
- Mubadala in its acquisition of partial ownership in a portfolio of power generation projects in Mexico.
- A special purpose vehicle owned by numerous investment funds in its participation in a $300 million private offering by Studio City International Holdings Limited and a $130 million capital raise through private notes placement.
- A Brazilian software company in its sale to a private equity fund worth over $150 million.
- A lead arranger in negotiation and private placement of $350 million senior notes issued by a Mexican pipeline company.
- A lead arranger in negotiation and private placement of $250 million senior notes issued by an international amusement park.
- A group of lenders in a $365 million senior and mezzanine financing for the acquisition and conversion of a petroleum refinery into a renewable biodiesel plan.
- A commodities trading company in the negotiation, formation and implementation of a joint venture to establish and construct a petroleum products port, storage terminals and pipeline in Mexico.
- Strata Corporation, a construction materials and mining company, in its $454 million sale to Knife River Corporation.
- A private company in its sale of its food transportation, logistics and warehousing business to a private equity fund.
- Multiple management teams and private equity funds in the negotiation of equity financing, investment, sponsorship and participation arrangements.
*Includes matters handled prior to joining Mayer Brown.
相关服务及行业
表彰
- Named one of Latin America's Rising Legal Stars in Corporate/M&A and Energy — Latinvex
- Recognized in Projects and Energy — The Legal 500 Latin America
- Recognized by Latino Lawyers Magazine
教育背景
- University of Houston Law Center, 法学硕士
- 美国伊利诺伊大学香槟校区, JD, cum laude
- The University of Texas at Austin, 文学学士
执业资格
- 德州
语言
- 西班牙语
- 英语
专业及社区参与
- The Association of International Energy Negotiators
- Institute For Energy Law, Advisory Board Member
- Houston Bar Association
- State Bar of Texas, Oil & Gas Section
