mover & shaker

New York law firm appoints another energy practice partner in Houston

Dale Smith, an energy finance and transactions attorney, has joined Willkie Farr & Gallagher LLP. Photo via Willkie.com

A law firm again expanded its Houston-based, energy-focused team.

Willkie Farr & Gallagher LLP announced that energy finance and transactions attorney Dale Smith has joined the firm as a partner in the Corporate & Financial Services Department, which will be based in the Houston office. Willkie provides legal solutions to businesses that address critical issues that affect multiple industries and markets with 13 offices worldwide.

Smith was most recently a partner at Mayer Brown, and prior to law, he worked in the electric and gas utility industry as an analyst for Entergy. He currently serves on the Institute for Energy Law Advisory Board. He will manage energy clients in a broad range of transactions from upstream, midstream, and downstream oil and gas, renewable energy, power and energy finance deals.

“Dale’s addition further expands the energy transactional platform we’ve been building in Texas and across the country with our several partner additions this past year,” Archie Fallon, managing partner of the Houston office, says in a news release.

Smith will advise both lenders and borrowers in secured and unsecured credit transactions, which includes asset-based financings, acquisition and project financings, syndicated and structured financings (including tax equity), DIP and bankruptcy exit financings, and borrowing base facilities, letter of credit facilities, working capital facilities, workouts, and restructurings. Smith will also guide clients on the development and commercialization of hydrogen and ammonia facilities, carbon capture projects, renewable power generation facilities, and hydrocarbon facilities across the value chain. This will include gathering, processing, fractionation, transportation and storage facilities.

“Willkie’s dynamic Texas platform and growing national and international energy capabilities are a great fit for my practice and I’m delighted to be a part of that growth,” Smith said in a news release. “I look forward to working with the talented attorneys here to expand our transactional offerings to best serve the needs of our clients.”

Smith is the seventh lateral partner addition to Willkie’s multi-office energy team in the past year.

Willkie recently also announced Sarah McLean as a partner in the Corporate & Financial Services Department and Private Equity practice at the Houston office. McLean’s practice will focus on private equity transactions. Mostly the transactions will be acting for sponsors in making portfolio investments,exiting their investments, and growing their platform companies. McLean was a joint head of the US Energy industry group at Shearman & Sterling prior to Willkie Farr & Gallagher, and her experience in the energy sector includes 20 years.

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A View From HETI

TALKE USA's Recycling Support Center opened Jan. 12 in Chambers County. Photo via LinkedIn.

TALKE USA Inc., the Houston-area arm of German logistics company TALKE, officially opened its Recycling Support Center earlier this month.

Located next to the company's Houston-area headquarters, the plant will process post-consumer plastic materials, which will eventually be converted into recycling feedstock. Chambers County partially funded the plant.

“Our new recycling support center expands our overall commitment to sustainable growth, and now, the community’s plastics will be received here before they head out for recycling. This is a win for the residents of Chambers County," Richard Heath, CEO and president of TALKE USA, said in a news release.

“The opening of our recycling support facility offers a real alternative to past obstacles regarding the large amount of plastic products our local community disposes of. For our entire team, our customers, and the Mont Belvieu community, today marks a new beginning for effective, safe, and sustainable plastics recycling.”

The new plant will receive the post-consumer plastic and form it into bales. The materials will then be processed at Cyclyx's new Houston Circularity Center, a first-of-its-kind plastic waste sorting and processing facility being developed through a joint venture between Cyclix, ExxonMobil and LyondellBasell.

“Materials collected at this facility aren’t just easy-to-recycle items like water bottles and milk jugs. All plastics are accepted, including multi-layered films—like chip bags and juice pouches. This means more of the everyday plastics used in the Chambers County community can be captured and kept out of landfills,” Leslie Hushka, chief impact officer at Cyclyx, added in a LinkedIn post.

Cyclyx's circularity center is currently under construction and is expected to produce 300 million pounds of custom-formulated feedstock annually.

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