People

Caroline McDonald Baker Botts London
Caroline McDonald
Special Counsel

Overview

Caroline McDonald’s practice focuses primarily on project development in the renewable, petrochemical, mining and oil and gas industries.

She advises on a broad range of project development, commercial contracting and energy transaction matters, including advising on general project and transaction structures and negotiating a comprehensive range of commercial and project development agreements (including feedstock supply, offtake, services, terminalling and storage, utilities supply, O&M, marketing, real property, construction, framework, joint development and other project agreements) as well as corporate governance agreements, asset and equity purchase and sale agreements and equity investment agreements.

Admissions & Affiliations

  • State Bar of Texas*
  • *Admitted only in the State of Texas in the USA. Not currently qualified as a solicitor in England & Wales. Practicing under the supervision of principals of the ­Firm who are qualified solicitors in England & Wales.

Education

  • J.D., Vanderbilt University Law School 2017
  • B.A., Political Science & Spanish, Auburn University 2014

Experience

  • Representation of the Government of Trinidad and Tobago in the renegotiation of the commercial and ownership structure of the Atlantic LNG facility, including representation in the issuance of various governmental instruments and licences for operation of the Atlantic LNG facility and the approval of new commercial arrangements implemented in connection with the restructuring.
  • Representation of Serra Verde, the only large-scale rare earths elements producer outside of Asia, in its financing and offtake arrangements with the U.S. government.
  • Representation of the co-investors in a Blackstone Credit & Insurance led investor consortium on a US$7 billion investment in Sempra Infrastructure Partners’ Port Arthur LNG Phase 2, including two natural gas liquefaction trains with a nameplate capacity of approximately 13 million tonnes per annum of LNG.
  • Representation of INPEX on all construction and development matters for a Port of Houston blue ammonia export project.
  • Representation of a global hyperscaler on new renewable power generation procurement arrangements with a Midwest utility, along with a development services agreement to procure additional power generation for a 3.5GW data center development in Wisconsin.
  • Representation of a major midstream energy company in its capacity as owner of Lake Charles LNG in the negotiation of LNG sale and purchase agreements and LNG tolling agreements.
  • Representation of the primary investor in the acquisition, and corporate restructuring of, U.S. Gulf of Mexico oil and gas producer, Cantium LLC, by a private equity fund.
  • Representation of a private equity project developer in the negotiation of a power purchase agreement and energy storage and services agreement for a 500MW AC BESS / 500MW PV project.
  • Representation of a private equity project developer in its development of an 80MW AC energy storage facility.
  • Representation of a private equity-backed project developer on all aspects of its renewable energy projects across the U.S., including drafting and negotiating power purchase agreements, shared facilities agreements and energy management agreements.
  • Representation of a major global chemical company on a potential joint venture with a major Asian trading house for the development and operation of a chemical facility in Asia, including structuring of project and drafting and negotiating project and JV agreements.
  • Representation of an LNG project developer with the project financings of an LNG liquefaction terminal currently under development on the west coast of Mexico.
  • Representation of a major energy company in the negotiation of various CO2 sequestration agreements.
  • A Japanese developer in connection with development and financing for integrated geothermal lithium projects in North America.
  • Representation of the project company in its development and financing of an ammonia production facility on the U.S. Gulf Coast constituting the world’s largest single-train ammonia synthesis loop.
  • Representation of a leading global producer of gas-based fertilizers and industrial chemicals in the formation of a joint venture to market, distribute and sell nitrogen fertilizers, industrial ammonia and diesel exhaust fluid in North America.
  • Representation of Macquarie Capital (USA), Inc. in connection with various transactions to provide early stage debt and equity development capital to project developers in the petrochemical and midstream space.
  • Representation of Blackstone Credit and ClearGen, a Blackstone Credit portfolio company, in the formation of a strategic partnership between ClearGen and GreenStruxure, a Schneider Electric and Huck Capital joint venture, to develop, own and operate up to $500 million of renewable energy microgrid systems for C&I customers.
  • Representation of a private developer as project counsel in all aspects of the development and project financing of a renewable diesel production facility with a nameplate capacity of 100 million gallons annually to be located on the Texas Gulf Coast.
  • Representation of Macquarie Infrastructure and Real Assets in its acquisition of a 300MW solar project in Mexico.
  • Representation of Noble Midstream Partners in the formation of Black Diamond Gathering, LLC, a joint venture with Greenfield Midstream, LLC, and acquisition of Saddle Butte Rockies Midstream, LLC for $625 million.