
Jeffrey E. Eldredge

20 Fenchurch Street
24th Floor
London EC3M 3BY
United Kingdom
Trammell Crow Center
2001 Ross Avenue
Suite 3900
Dallas, Texas 75201





Over the course of a more than three-decade-long career at V&E – much of it spent in the firm’s London office – Jeff has handled some of the largest transactions in the energy and telecommunications space worldwide.
Jeff focuses on representing private equity sponsors engaged in cross-border infrastructure mergers and acquisitions in Europe, the Middle East, and Africa. In addition, he represents issuers, borrowers, and financial institutions in leveraged finance transactions, including high-yield bond offerings.
Jeff has advised private equity and sovereign wealth funds, corporate issuers, acquirers, project developers, and financiers and their advisors, in numerous acquisitions, dispositions and financings.
Experience Highlights
Oman Oil Company in the $2.4 billion acquisition of the Oxea Group, the world’s largest supplier of Oxo chemical products, from Advent International
Soros Fund Management and Albright Capital Management with the acquisition of APR Energy, a provider of turnkey temporary power generation services, by a London Stock Exchange-listed acquisition vehicle
KKR in connection with the investment, alongside OTPP, in Caruna Oy, Finland’s largest electricity distribution company. The transaction, which represented the second deal undertaken under KKR’s core infrastructure strategy, involved the acquisition of First Sentier Investors’ 40% stake in Caruna Oy as well as the separate acquisition of OMERS’ 40% stake
KKR in the sale of European Locomotive Leasing, a leading pan-European provider of electric locomotive leasing solutions, to AXA Investment Managers – Real Assets and Crédit Agricole Assurances
An ad hoc group of lenders holding approximately $175 million in senior secured term debt in the prepackaged chapter 11 cases of Pioneer Energy Services Inc.
An international private equity fund on its acquisition of a leading global producer of automatic snack and beverage vending machines
Underwriters and super senior facility lenders in connection with Tullow Oil plc’s $2.38 billion refinancing, consisting of an offering of $1.8 billion aggregate principal amount of senior secured notes due 2026 and a super senior secured revolving credit facility comprised of a $500 million revolving credit facility and a $100 million letter of credit facility
J.P. Morgan and other banks in relation to Ithaca Energy’s $500 million offering of Senior Notes due 2024
The initial purchasers on the issuance by Neptune Energy Bondco plc of US$550 million of senior notes due 2025
A leading global producer of automatic snack and beverage vending machines on its €300 million issuance of senior secured notes
HTA Group Ltd on its $600 million issuance of senior notes
Helios Towers Africa in its acquisition of telecom tower portfolios in Ghana, Tanzania, and the Democratic Republic of Congo
Champion Technologies, a U.S. chemicals company, in its formation of a joint venture with a Dutch subsidiary of an international chemicals company
A U.S. specialty chemicals company in its acquisition of a Dutch specialty chemicals subsidiary of Degussa, a German chemicals company
Albright Capital Management LLC (as part of a consortium) in connection with the successful recommended offer to acquire and take-private APR Energy plc, a company listed on the London Stock Exchange and a provider of turnkey temporary power generation services
An international energy company with numerous venture capital investments in Europe and North America
Dynegy on the auction and sale of a subsidiary owning the Hornsea and Aldbrough onshore gas storage assets to Scottish & Southern
Dynegy on the auction and sale of offshore gas storage and onshore processing facilities and related pipelines (including the Rough Offshore Gas Field and Essington Terminal and Facilities) to Centrica
A major international bank in a financing for the acquisition by a French energy services company of a Norwegian company
Central and South West Corporation (U.S. public utility holding company with substantial international operations) in its merger with AEP, at the time the largest public utility merger in history
Central and Southwest Corporation in its takeover of SEEBOARD, an English electric company
A private equity firm on an equity line investment into an international data centre business
Crown Castle International with the privatization and acquisition of state-owned broadcast and telephony infrastructure in Italy
A telecommunications infrastructure company with proposed acquisitions of state-owned telecommunications infrastructure in Finland, Czech Republic, Switzerland, Portugal, and France
Dynegy, Inc, in the sale of its European fibre optic ventures
A U.S. outsourcing company in its joint venture/acquisition negotiations with a unit of Deutsche Telekom AG
SBC Communications Inc. (now AT&T, Inc.) with the disposition of its interest in a European telecommunications company
A Middle Eastern Sovereign Wealth Fund in several acquisitions and joint ventures in the United States
Dubai International Capital in its investments in a number of large international enterprises
HgCapital Renewable Energy Partners in its acquisition of renewable energy projects and project portfolios throughout Europe
Project finance counsel to one of the sponsors of an LNG project in the Middle East
An international energy project developer in the creation of a public-funding structure for multiple projects throughout the world
The developer in the first project financing of a merchant power plant in the United Kingdom
The issuing developer in one of the first pooled project bond financings
The initial purchasers on the issuance by Neptune Energy Bondco plc of US$550 million of senior notes due 2025
J.P. Morgan and other banks on the issuance by Neptune Energy, a portfolio company of The Carlyle Group, CVC and the China Investment Corporation (CIC), of additional $300 million of Senior Notes due 2025
The initial purchasers in connection with Tullow Oil plc’s placement of US$800 million of senior notes due 2025
The initial purchasers on the issuance by AkerBP of US$500 million of senior notes due 2025
The issuer or underwriter in numerous U.S. domestic and international capital markets transactions, including IPOs listed in the U.S. and on European markets, and offerings of investment grade and high yield debt
A U.S. stock exchange-listed European shipping company in connection with its attempt to consensually restructure its obligations and its subsequent administration in the United Kingdom
A purchaser of the debt of a financially troubled UK energy company and the subsequent purchase of all of the company’s assets out of administration
A U.S. stock exchange-listed energy company with its consensual restructuring, using a pre-arranged Chapter 11 bankruptcy
A creditor/purchaser of assets in connection with the largest bankruptcy of an electric utility cooperative in the U.S
Credentials
- The University of Texas School of Law, J.D. with honors, 1984
- Texas Tech University, B.A. summa cum laude, 1979
- Legal 500 UK, Finance: High Yield, 2020 and 2021
- Legal 500 UK, Corporate and Commercial, M&A Upper Mid Market and Premium Deals, 2015, 2017, 2018 and 2020
- Legal Media Group’s (Euromoney’s) Expert Guide to the World’s Leading Energy and Natural Resource Lawyers, 2016
- Selected to the London Super Lawyers list, London Super Lawyers (Thomson Reuters), 2015
- Legal 500 UK, Corporate and Commercial, Private Equity: Transactions, 2013
- Legal 500 UK, Corporate and Commercial, M&A: Upper Mid-Market and Premium Deals, 2013
- Corporate and Finance, Europe, Middle East, and Africa “Legal Expert” (Dubai), 2010–2013
- UK Best Lawyers (BL Rankings, LLC), Mergers & Acquisitions, 2013 and 2023; Private Equity, 2013; Telecommunications, 2013
- Legal Media Group’s (Euromoney’s) Expert Guide series, Energy, 2013
- Legal 500 EMEA, Mergers & Acquisitions: Premium Deals–£250 million+, 2013
- Legal 500 EMEA, Private Equity, 2013
- Legal Media Group’s (Euromoney’s) Expert Guide to the World’s Leading Banking, Finance and Transactional Lawyers, 2013
- Legal 500 UK, Mergers & Acquisitions: Premium Deals £250 million+, 2012
- Legal 500 UK, Mergers & Acquisitions: Upper Mid-market and Premium Deal – £250 million+, 2016
- Legal 500 UK, Private Equity, 2012
- Legal Media Group’s (Euromoney’s) Expert Guide to the World’s Leading Banking, Finance and Transactional Lawyers, Project Finance, 2012
- Legal Media Group’s (Euromoney’s) Expert Guide to the World’s Leading Energy Lawyers, 2012
- Legal Media Group’s (Euromoney’s) Expert Guide to the World’s Leading Energy Attorneys (UK/UAE), 2012
- UK Legal Expert in Capital Markets, Corporate/M&A and Projects, Energy, and Natural Resources (including PFI), 2011
- Legal 500 UK, Corporate and Commercial, M&A Upper Mid Market and Premium Deals – £500M+, 2021
- Member: International Bar Association; Business Law, International Law, and Natural Resources, Energy and Environmental Sections, American Bar Association; Business Law, Corporate Counsel, and International Law Sections, State Bar of Texas
- Texas
- Vinson & Elkins Achieves 12 Rankings in The Best Lawyers in America (BL Rankings, LLC) UK 2022 GuideRankings & AwardsJune 30, 2022
- Rankings & AwardsSeptember 30, 2021
- Rankings & AwardsSeptember 14, 2021
- Deals & CasesMay 6, 2021
- Deals & CasesMarch 2, 2021
- “TowerXchange Meetup Europe 2018,” April 17, 2018 (speaker)
- “Tower Portfolio Transactions” TMTfinance.com, January 2013 (co-author)