Partnerships Help Drive Energy Projects In Rocky Times

Law360, New York (October 16, 2009, 2:11 PM EDT) -- Joint venture deals with investors such as private equity funds and foreign companies have helped keep energy development projects in the U.S. moving forward despite a dearth of available financing — and these types of partnership arrangements will remain frequent in the energy sector even as the economy continues to improve, lawyers say.

The past 12 months have seen a wave of joint venture transactions in the midstream space, as companies looked to keep projects on line despite market conditions making financing scarce, according to Keith...
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