December 1, 2023

Willkie recently advised Sentinel Midstream LLC (Sentinel) on a joint venture investment with ExxonMobil, to form Enercoast Midstream Louisiana LLC, a project company founded to operate certain midstream assets in Louisiana.

Sentinel, a midstream solutions provider for crude oil transportation, storage, and terminaling, is a portfolio company of Cresta Fund Management, an investment manager with over $1.4 billion of assets under management funding specialized middle market energy infrastructure opportunities. As part of the transaction, Sentinel will operate significant pipeline systems previously controlled by ExxonMobil.  

The Willkie team was led by partner Archie Fallon and counsel Jason Nasra, and included partners Jeffrey Clancy and Robert Jacobson, counsel Jonathan Konoff, and associates Devin Crisanti, Hayden Kursh and J. Zane Altemus.