Michael Yates

Associate, Houston

Biography

Overview

Michael is an associate in the Project Development and Finance Group in the Firm's Houston office. His practice focuses on the representation of owners and developers in their construction projects, including liquefied natural gas (LNG) facilities, power plants, petrochemical facilities, and pipelines.  Michael has experience with drafting engineering, procurement and construction (EPC), construction, construction management, engineering, operating & maintenance, long-term service agreements, and procurement agreements for large energy projects throughout the world.

Bars and Courts
Texas State Bar
Arizona State Bar
Education
JD
University of Arizona
College of Law
BA
Brigham Young University
Languages
English

Experience

Representation of GreenStruxure, a joint venture of Schneider Electric and Huck Capital, on developing a strategic partnership with ClearGen, a Blackstone portfolio company, whereby ClearGen will provide US$500 million in long-term capital to to GreenStruxture to develop, operate, and maintain on-site renewable energy microgrid systems. Customers of these microgrids will benefit from "energy as a service" solution that provides energy and sustainability solutions with no upfront capital contribution and no operational risks.

Representation of The Bank of Nova Scotia, National Bank Financial Markets, Royal Bank of Canada, National Bank of Kuwait S.A.K.P. and Export Development Canada as mandated lead arrangers in a US$1.7 billion amortizing senior secured term facility and a US$150 million senior secured revolving facility to finance the development and construction by Canada Kuwait Petrochemical Ltd. Partnership of a new integrated petrochemicals facility and associated infrastructure and utilities to be located in Sturgeon County in the Province of Alberta, Canada.

Representation of owner/developer in the drafting and negotiation of an EPC agreement for the construction of a combined-cycle natural gas power plant in North America.

Representation of owner/developer in the drafting and negotiation of an EPC agreement for the construction of a LNG facility in North America.

Representation of owner/developer in the drafting and negotiation of an EPC agreement for the construction of a natural gas gathering system and associated pipelines in Texas.

Representation of owner/developer in drafting and negotiating a long-term service agreement related to the maintenance of a power plant located in North America.