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King & Spalding LLP

1100 LOUISIANA STREET, SUITE 4000, HOUSTON, TX 77002, USA
Tel:
Work +1 713 751 3200
Fax:
Fax +1 713 751 3290
Web:
www.kslaw.com

Ken Culotta

Tel:
Work +1 713 751 3200
Email:
King & Spalding LLP

Position

Ken Culotta is a partner in the Houston office of King & Spalding. Mr. Culotta represents a broad spectrum of energy and natural resource industry clients, including oil and gas producers, transport and storage providers, power, LNG and CNG concerns, petrochemical manufacturers, energy marketers, service companies and mining companies, and private equity funds and other investors in these sectors. His practice focus includes cross-border transactions, and the unique public and private law issues involved in structuring, documenting and negotiating these transactions. His work experience includes investment, financial and monetization transactions, including project development and finance, as well as the nuts-and-bolts commercial agreements that energy businesses rely upon for revenue generation, hedging of financial exposure, raw materials and feedstock inputs, and construction and operation of facilities.

Languages

Spanish German.

Education

J.D., University of Texas B.A., University of Texas.


Latin America: International firms

Corporate and M&A

Within: Corporate and M&A

King & Spalding LLP's Latin America practice is primarily focused on oil and gas, including LNG deals. The practice advised Mexico's Sierra Oil and Gas on its headline sale to DEA Deutsche Erdoel, the German energy firm. Private equity investments in the oil-and-gas sector are another area of growth for the firm. Vera De Brito de Gyarfas and the hugely experienced Ken Culotta have extensive track records in Latin America, particularly in Mexico's oil-and-gas industry; both are based in Houston.

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Projects and energy

Within: Projects and energy

King & Spalding LLP is a big name in upstream and midstream oil and gas and is a market leader in LNG. Renewables is another area of strength. The firm has close connections to a number of major sponsors and continues to develop its standing among private equity investors. Clients include Chevron, SeaOne Caribbean, Sierra Oil & Gas, MODEC, Mitsui & Co, Marubeni and Mitsui OSK Lines. The firm benefits from the 'diverse backgrounds of team members', which includes 'great transactional lawyers accompanied by regulatory experts' that are 'outstanding, both in availability and knowledge'. According to one client, 'it was ready, probably like no other US law firm, to undertake and participate in projects coming as a result of Mexico's energy reforms'. Clients also praise the sector experience of the team, highlighting that several members have backgrounds in industry, including as engineers. The practice group advised Mexico's Sierra Oil & Gas on its sale to German international independent exploration and production company Deutsche Erdoel (DEA); Sierra was integrated into Deutsche Erdoel México, a fully-owned subsidiary of DEA. It also represented DKRW on the development of an LNG export project in Sonora, Mexico. Ken Culotta is a seasoned practitioner with a fine record in oil and gas and LNG, having 'been doing deals in Mexico since the 1980s'. Vera De Brito de Gyarfas has also achieved particular prominence in Latin America oil-and-gas and LNG transactions; she is 'an outstanding Latin American lawyer', 'helps deals go through', 'is a reference in oil-and-gas projects in the region', and 'a multi-tasker with ease'.

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United States: Finance

Project finance

Within: Project finance

King & Spalding LLP stands out for its sponsor-side expertise and advises on a range of high-value oil, gas and LNG project finance transactions. Vera De Brito de Gyarfas, who focuses on mandates involving energy projects in Latin America and Africa, and Scott Greer, who heads the construction transactional practice, are advising Anadarko on its $50bn Mozambique LNG export project. Highlights for projects and infrastructure head Ken Culotta included advising Magnum Energy on the $100m development and private equity financing for a barrel-refined products (aviation fuel, diesel, and motor gasoline) storage facility in Delta, Utah, while James Bowe in Washington DC is instructed by Mountaineer NGLs in the project development and financing matters relating to a natural gas storage project near Clarington, Ohio. In New York, the team has been bolstered by a number of recent additions, including counsel Frank Schoen, who joined from White & Case LLP, as well as several individuals from Morrison & Foerster LLP, including Jonathan Melmed, who co-chairs the firm’s global private equity practice and heads the US power and infrastructure practice. Named attorneys are based in Houston unless otherwise stated. Archie Fallon joined Willkie Farr & Gallagher LLP in 2018.

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