Overview

Todd advises clients on the tax aspects of complex domestic and cross-border transactions, including mergers and acquisitions, partnership and other joint venture arrangements, project development, and capital markets and private financing transactions. During his more than 20-year career at Vinson & Elkins, he has worked extensively within a variety of industries, including natural resources, energy transition, real estate, and technology. In addition, Todd has represented numerous private equity funds and other pooled investment vehicles in connection with capital formations, acquisitions, and divestitures.

Read More

Experience

  • Southwest Airlines in a sustainable aviation fuel (SAF) supply agreement with Valero Marketing and Supply Company, a subsidiary of Valero Energy Corporation, to bring SAF to Chicago Midway International Airport in the state’s largest announced SAF supply agreement

  • Blackstone Credit and ClearGen, a Blackstone Credit portfolio company, in the formation of a strategic partnership between ClearGen and GreenStruxure, a Schneider Electric and Huck Capital joint venture, to develop, own and operate up to $500 million of renewable energy microgrid systems for C&I customers

  • Continental Resources in its $250 million strategic investment in Summit Carbon Solutions to fund the development and construction of carbon capture, transportation and sequestration infrastructure located in the Midwestern United States with initial capacity of up to 12.0 MMtpa and expansion capabilities up to 20.0 MMtpa

  • Quinbrook Infrastructure Partners in the acquisition of Glidepath Power, a developer of battery storage and renewable energy projects

  • Mercuria Investments in the $169 million acquisition of Beyond6, an alternative fuels solution platform supporting the decarbonization of heavy-truck transportation, from HC2 Holdings (now Innovate Corp. (NYSE: VATE))

  • A national bank (in its role as the agent for a $550 million secured lending facility to an upstream producer) in connection with the producer’s Chapter 11 bankruptcy restructuring and emergence in an Up-C structure

  • The Carlyle Group in the $300 million definitive drilling agreement to fund the development of Diamondback Energy’s oil and gas assets in Pecos County, Texas 

  • 8 Rivers Capital in its joint venture with ADM to develop the 280 MW Broadwing Clean Energy Complex in Illinois, one of the world’s first zero emissions Allam-Fetvedt cycle power plants, including CO2 storage capabilities

  • Plains All American Pipeline in its $1.438 billion sale of a 30 percent interest, and sale of a 20 percent interest by Magellan Midstream, for a collective 50 percent interest, in BridgeTex Pipeline Company to OMERS

  • Gulf Coast Ammonia in the development and financing of a world-scale, hydrogen-based ammonia project in Texas, including the negotiation of equity financing agreements

  • Flywheel Energy Operating, a portfolio company of funds managed by Kayne Anderson Capital Advisors, in its $1.86 billion acquisition of all Fayetteville Shale and ARKOMA upstream and midstream assets of Southwestern Energy Company via the acquisition of 100% of the issued and outstanding securities in SWN Production (Arkansas), LLC and DeSoto Gathering Company, LLC

  • EnCap Investments in its $394 million line of equity commitment to XCL Resources Holdings, a newly-formed Houston, Texas-based E&P company focused on the acquisition and development of oil and gas properties in the United States

  • Continental Resources in its $220 million sale of mineral rights in the SCOOP and STACK oil and gas plays to, and formation of a joint venture with, Franco-Nevada Corporation

  • Concho Resources in its $1.625 billion acquisition of oil and gas assets from Reliance Energy

  • TPG Capital in its $1.8 billion acquisition of natural gas properties in Wyoming’s Jonah field from Encana Corporation

  • Trafigura AG in the sale of a majority stake in its Corpus Christi Terminal and associated Eagle Ford assets in South Texas, and related joint ownership arrangements 

  • Apollo Global Management in a $500 million equity commitment to CSV Midstream Solutions, which pursues the construction and operation of midstream facilities in the Western Canadian Sedimentary Basin

Expand All

Credentials

Education

  • The University of Texas School of Law, J.D. with honors, 2003 (Order of the Coif; Texas Law Review)
  • The University of Texas, B.B.A., Accounting with high honors, 1999
  • The University of Texas, B.A., Economics with high honors, 1999 (Phi Beta Kappa)

Admissions

  • Texas

Expand All

Recognitions

  • Chambers USA, Tax (Texas), 2021–2026
  • Legal 500 U.S., U.S. Taxes: Non-Contentious, 2019 and 2020
  • The Best Lawyers in America© (BL Rankings, LLC), Tax Law (Dallas), 2021–2027
Insights

Client Alerts

Treasury Releases Guidance and GREET Model for the Section 45Z Clean Fuel Production Credit

On January 10, 2025, the Treasury Department (the “Treasury”) and the Internal Revenue Service (the “Service”) continued their flurry of new guidance by releasing IRS Notice 2025-10 (the “Notice”) concerning the clean fuel production credit available under section 45Z of the Internal Revenue Code of 1986, as amended (the “Code,” and such credit, the “Clean Fuel Production Credit”),1 for certain clean fuels produced and sold between January 1, 2025 and December 31, 2027.2

January 24, 2025

January 24, 2025 • 7-minute read

Renewable Gasoline Company Bluescape Clean Fuels, LLC to Become Publicly Traded on NASDAQ via Business Combination with CENAQ Energy Corp. and be renamed Verde Clean Fuels, LLC Background Image

Client Alerts

Final Hydrogen Regulations Provide Multiple Paths for Production, But The Three Pillars and Other Obstacles Remain

On January 10, 2024, the Department of the Treasury (“Treasury”) published the final regulations governing the section 45V Clean Hydrogen Production Tax Credit (“Final Regulations”).

January 15, 2025 • V&E Renewable Energy Update

January 15, 2025 • 9-minute read

Event Recaps

Vinson & Elkins’ Energy Transition and Inflation Reduction Act Conference

Vinson & Elkins was delighted to host its First Annual Energy Transition and Inflation Reduction Act Conference.

May 8, 2024

May 8, 2024 • 1-minute read

News & Achievements