Stan R. Jensen
Partner
Rosemary Johnson
713.223.2300 x2020
Stan R. Jensen represents clients with a variety of financial and physical gas, power and other commodity transactions, including serving as lead counsel for master purchase and sale agreements, trading credit sleeves, joint ventures and commodity-backed financings. He also represents energy and investment clients in the sale of trading portfolios and commodities futures and swaps. Mr. Jensen handles transactions regarding master agreements, hedging agreements and options including transactions using International Swaps and Derivatives Association, Edison Electric Institute, Enfolio, North American Energy Standards Board, and Gas Industry Standards Board master agreements, and the appropriate physical commodities and collateral annexes.
Mr. Jensen serves as lead outside counsel for construction, acquisition and/or financing of gas power plants, nuclear power plants, cogeneration facilities, pipelines and manufacturing facilities. Mr. Jensen works on transactions relating to energy operations in the United States, Canada, Mexico and South America.
Mr. Jensen represents international banks and other lending institutions as well as corporate borrowers in unsecured financings and secured transactions, supported by various types of collateral, including oil and gas properties and interests, various energy generation and distribution assets, manufacturing assets and a variety of other assets in the energy area and related sectors.
Mr. Jensen advises and represents buyers and sellers in conveyances of corporations and business units and in asset sales involving power plants, manufacturing facilities, chemical facilities, air separation units, retail centers, office buildings, apartment complexes, oil and gas interests, wind-based power generation assets and other personal and real property.
Representative Matters
Represents engineering and construction company in negotiating new multi-unit nuclear power plant (EPC) engineering, procurement and construction contracts with utility companies for facility locations in different states.
Represented investment banking institution in structuring long term gas storage and transportation contracts for existing storage facilities and for storage and transportation facilities that are being constructed and developed.
U.S. Counsel for lead bank on $750,000,000 and $410,000,000 syndicated oil and gas loans secured by U.S. and Canadian assets.
Represented various lenders on $100,000,000 (plus) loan transactions secured by various types of collateral.
Represented owner and operator of power plant in a $260,000,000 power plant cogeneration monetization project.
Assisted multiple fortune 500 companies to develop or revise and update their standard gas and power master purchase and sale agreements and/or ISDA agreements.
Negotiated long term power purchase and sale agreements and related collateral requirements with respect to $300,000,000 (plus) facility.
Represented purchaser in acquisition of oil and gas drilling rigs and related equipment for use in South America.
Negotiated five year 40,000,000 MMBtu fixed price gas hedge option and related collateral documentation.
Represented industrial borrower in connection with a $110,000,000 financing that is secured by manufacturing facilities and related assets.
Negotiated $350,000,000 joint venture power and gas trading agreements and related credit sleeve arrangements.
Performed key negotiation and collateral due diligence and documentation in connection with representation of lenders on a 1 billion dollar and on a 2 billion dollar secured financings; performed key negotiation and documentation in connection with representation of an energy company borrower for a 5 billion dollar financing.
Negotiated construction contracts for a 100 mile U.S./Mexico cross border gas pipeline.
Negotiated engineering procurement and construction contracts for a 260 MW power plant and related facilities built in Monterrey, Mexico.
Negotiated joint venture to build and operate a $100,000,000 (plus) industrial gas production facility and a related loan facility from international banks for $95,000,000.
Publications and Speeches
Presented on Energy Projects using Renewable Energy and other non-Fossil Fuel Energy Sources, at the "EU–US Business Roundtable on Energy & Technology" sponsored by American Chamber of Commerce in Madrid, Spain, June 25-26, 2007.
Conditions Becoming Favorable for U.S. Nuclear Power Plants, Houston Business Journal 19-B, March 16, 2007
Negotiating EEI and NAESB Master Agreements, 2005, 2004, (multiple presentations in Texas and New York)
Key Legal and Business Elements of a U.S. Wind Energy Project, Madrid, Spain, 2005
Using Physical Gas and Power Annexes in ISDA Contracts, 2004 (Houston, Texas)
Education
J.D., with honors, The University of Texas School of Law, 1995
B.S., Brigham Young University, 1992
Bar Admissions
New York
Texas
Affiliations
Houston Bar Association, Real Estate Section
Noteworthy
Texas Rising Star, Energy/Oil and Gas Law, 2006