Mark D. Holmes
Mark is “incredibly commercially minded, very smart and dedicated and able to get projects done.” His “client service, level of sophistication and commercial vision are very strong. He’s a great attorney and we’re thankful to have his partnership.” [Chambers USA, 2023] Mark is a leading energy and infrastructure finance lawyer. He regularly represents borrowers, lenders, sponsors and direct lenders in complex and innovative project or leveraged finance transactions, including project financings, hybrid finance structures, acquisition financings, bridge financings, back leverage financings, term loan B financings, reserve-based financings, workouts and restructurings, debt portfolio acquisitions and alternative capital solutions.
Mark also regularly provides counsel to his clients on project development matters, corporate governance, liability management matters, acquisitions and divestitures.
Mark has been repeatedly recognized as a leader in his field by prestigious publications including Chambers USA and The Best Lawyers in America®.
Experience Highlights
Circulus Holdings, PBLLC, an Ara Partners portfolio company and a producer of high-quality resins for commercial and industrial uses from recycled low-density polyethylene, in its $300 million project financing and development of plastics recycling facilities in California, Oklahoma and Alabama
JPMorgan Chase Bank in aggregation term loan facilities totaling $300 million in connection with the refinancing of tax equity investments, project financings and back-leveraged refinancings for up to 50 solar generation projects located throughout the United States
Riverstone, as direct lender, in the project financing and development of a 150-mile propane pipeline in Texas by EPIC Propane Pipeline, LP, which received a Second Party Opinion from Sustainable Fitch confirming that it was structured in line with LSTA Sustainability-Linked Loan Principles
WaterBridge Operating in its $1 billion term loan B facility and $150 million revolving credit facility
Marathon Oil Company in its acquisition financing of the Eagle Ford assets of Ensign Natural Resources, which involved both a $1.5 billion bridge facility and a two-year $1.5 billion term loan facility
Cheniere Energy Partners, L.P. and Sabine Pass Liquefaction, LLC, subsidiaries of Cheniere Energy, Inc., in the refinancing of their respective $1 billion hybrid revolving credit facilities
Ara Partners portfolio company in its $250 million project financing of a non-wood fiber and fiber product manufacturing facility in the United States, which will produce ag-based fiber for market use as well as molded fiber food service and packaging product and hosts significant biomass handling and processing capabilities
JPMorgan Chase Bank in a $100 million project financing for a behind-the-meter 81 MWac solar generation project located in Strathcona County, Canada
JPMorgan Chase Bank in connection with a $100 million ITC “safe harbor” facility, the proceeds of which were used to pre-fund expenditures for utility-scale solar projects
Syndicate of commercial and institutional lenders, led by Société Générale, in a $1.25 billion project financing of the development of the deepwater Shenandoah field in the U.S. Gulf of Mexico and related offshore infrastructure
NorTex Midstream Partners LLC, a Houston-based midstream solutions provider, in its $120 million project financing and direct lending transaction with Investec Bank plc
Direct lenders in various upstream APOD development financings ranging from $35 million to $155 million
Harvest Midstream I, L.P. in its acquisition financing of Paradigm Midstream, which included a $950 million revolving and term loan A facility
Priority Power Management, LLC, an energy optimization and infrastructure company, in its $250 million senior secured credit facility
A water infrastructure and solutions company in its $350 million revolving credit facility, the proceeds of which were used to consummate a strategic joint venture with a leading independent upstream company and acquire water and other energy infrastructure assets located in Oklahoma and the Permian Basin
A water infrastructure and solutions company in its $65 million agricultural loan, the proceeds of which were used to acquire a 67,500-acre ranch to be used for ongoing water disposal operations and freshwater management services
A land and resource company operating in the Permian Basin in its $150 million revolving and term loan facilities, the proceeds of which were used to fund a sponsor distribution and for other general corporate and working capital purposes
Texas power producer in a data center joint venture
Various oil & gas producers in their reserve-based lending facilities, with commitments ranging from $50 million to $1.5 billion
Credentials
- University of Houston Law Center, J.D., 2003
- The University of Texas at Austin, B.A., 1999
- Chambers USA, Banking & Finance (Texas), 2019–2023
- The Best Lawyers in America®, Banking & Finance Law, 2018–2023
- Board of Directors, CanCare
- Louisiana
- New York
- Texas