Timothy (Tim) Spear’s informed guidance on all aspects of major energy transactions ensures clients’ business goals are achieved expeditiously with appropriate risk mitigation.
A partner at Foley & Lardner LLP and head of the firm’s Carbon Capture & Storage group, Tim helps clients involved in acquisitions, divestitures, and financing of energy and infrastructure projects worldwide.
Tim is experienced in acquisitions and divestitures involving upstream oil and gas properties, pipelines and midstream properties, power facilities, renewables, and chemical plants and refineries. He has been the lead external counsel on a number of energy industry transactions with sale prices in excess of US$1 billion.
He also represents both lenders and borrowers in financing transactions, with significant experience in financing energy and manufacturing facilities. He also frequently assists on workouts, restructurings, and distressed debt transactions for banks and corporate clients, as well as for private equity funds and hedge funds.
Tim regularly negotiates engineering, procurement and construction (EPC) agreements, product purchase agreements, service agreements, and supply agreements on behalf of a wide variety of energy industry players, including upstream, midstream, downstream, and solar companies and hydrogen electrolyzer manufacturers. He also has represented companies in the formation of joint ventures and in the negotiation of participation agreements, joint operating agreements, farmouts, drilling contracts, gathering agreements, gas processing agreements, gas and crude transportation agreements, North American Energy Standards Board (NAESB) contracts, hedging transactions, mineral leases, joint development agreements, master service agreements (MSAs), purchase, supply, power purchase, and tolling agreements.
