HOUSTON – Troutman Pepper Locke advised Zenith Energy, a world‑class midstream company focused on developing a sustainable, independent network of liquid storage terminals, on a definitive agreement to sell its Portland, Oregon terminal to I Squared Capital, a leading global infrastructure investor. For more information, see the press release.
Located in Portland’s Northwest Industrial District, the terminal is a major West Coast renewable diesel logistics hub and Oregon’s only facility with sustainable aviation fuel capabilities. With 1.7 million barrels of storage and multimodal connectivity via rail, marine, truck, and pipeline, it is a critical component of Portland’s energy infrastructure.
The Troutman Pepper Locke team that advised Zenith Energy was led by Lauren Clarke and Bill Swanstrom with support from Jason McCloskey, Niha Ali, Mike Peters, Van Jolas, Buddy Sanders, Ed Razim, Jeff McPhaul, David Ruediger, Emily Huggins Jones, Geoff Polma, Michelle Gutierrez-Begin, Nick Dickerson, Mackenzie Purvis, Amanda McCloskey, and Samantha Weber.
Troutman Pepper Locke’s market-leading energy practice helps clients with their most important and complex matters throughout the U.S. and beyond. From electric power, oil and gas, or emerging technologies, the cross-disciplinary team is equipped to handle any related matters, drawing on the depth of the firm’s knowledge in the market. Troutman Pepper Locke regularly advises electric utilities, independent power producers, banks, upstream and midstream natural gas companies and service companies, private equity funds, and other large corporations. Learn more at energylawinsights.com.
Troutman Pepper Locke
Troutman Pepper Locke helps clients solve complex legal challenges and achieve their business goals in an ever-changing global economy. With more than 1,600 attorneys in 30+ offices, the firm serves clients in all major industry sectors, with particular depth in energy, financial services, health care and life sciences, insurance and reinsurance, private equity, and real estate. Learn more at troutman.com.