Joseph Castelli is an associate in the Mergers and Acquisitions Group in the Firm's Houston office. He represents private equity and strategic clients in domestic and cross-border mergers and acquisitions, joint ventures, equity investments and corporate governance matters. Joseph’s representation focuses on the energy industry, including transactions in the upstream, midstream and downstream energy sectors.
Prior to joining the Houston office, Joseph was resident in the Firm's New York office.
Represented the Ad Hoc Group of TCEH Unsecured Noteholders in connection with its proposed acquisition of Oncor Electric Delivery Company LLC, in connection with the plan of reorganization of Energy Future Holdings Corp. under chapter 11 of the US Bankruptcy Code.
Representation of Elliott Management Corp. in its participation in US$325 million of new equity capital in the chapter 11 reorganization and recapitalization of Acosta, Inc., a full-service sales and marketing agency, and elimination of all of Acosta, Inc.'s approximately US$3 billion of long-term debt.
Representation of Hovensa L.L.C., a US Virgin Islands company and a joint venture formed by Hess Corp. and Petróleos de Venezuela, in the sale of substantially all of its petroleum terminalling assets pursuant to Sections 363 and 365 of the Bankruptcy Code, to a subsidiary of ArcLight Capital Partners, LLC.
Representation of Invenergy and its project subsidiary Energia del Pacifico (EDP) on the development and project financing of the 378 MW liquefied natural gas (LNG)-to-power infrastructure project at the Port of Acajutla in the Department of Sonsonate in El Salvador. In addition to the thermal power plant, project components include a marine terminal, consisting of a floating storage and regasification unit (FSRU) permanently moored through a modified spread mooring system for liquefied natural gas (LNG) delivery, storage and regasification, as well as a long-term LNG supply contract for the FSRU. The project also includes a natural gas pipeline that will run from the FSRU to the power plant and the construction of a 44-km, 230-kilovolt transmission line and related substations to connect the power plant to the electrical grid of El Salvador. The project will require an investment of approximately US$1 billion. It will be the largest foreign direct investment in El Salvador to date.
Representation of Delek Group in its acquisition of a 22.45% working interest in the Caesar Tonga field in the Gulf of Mexico from Shell for US$965 million, and a long-term purchase agreement with Shell Trading (US) Company for the produced oil.
Representation of Ara Partners Group in its majority investment in Priority Power Management, LLC, an independent energy management services and consulting firm.
Representation of Ara Partners Group in its majority investment in Centric Gas Services, an owner and operator of local gas distribution companies and gas transmission pipeline companies.
Representation of Junction Energy Capital in connection with its majority investment in Puralube, Inc.
Representation of Saudi Refining, Inc. (SRI), a wholly owned subsidiary of Saudi Arabian Oil Company, in the separation and distribution of the assets and liabilities of Motiva Enterprises LLC between SRI and affiliates of its joint venture partner, Royal Dutch Shell PLC.
Representation of The Unsecured Noteholders of Texas Competitive Electric Holdings Company, an Energy Future Holdings Corp. subsidiary, in a complex merger agreement as part of the largest US restructuring in 2015 and the US$12.5 billion acquisition of Oncor Electric Delivery Company.
Representation of Harvest Partners in its acquisitions of VetCor Group Holdings Corp., Advanced Dermatology and Cosmetic Surgery and Athletico Physical Therapy.
Representation of Dominus Capital, L.P., in connection with its sale of On Campus Marketing, LLC.
Representation of JANUS et Cie, a premium contemporary outdoor and interior furniture company, in its acquisition by Haworth, Inc.
Representation of Anthem, Inc., one of the nation's largest health benefits companies, in its recently terminated US$54.2 billion agreement to acquire Cigna Corporation, a combination that garnered front-page coverage for over 2 years and involved extensive coordination of a White & Case team of cross-practice lawyers in M&A, antitrust, litigation and bank finance.