Shearman & Sterling advised Energy Transfer Partners, MasTec and Carso Energy, as sponsors, in connection with the $1.2 billion project financing related to the development and construction of the Waha-San Elizario and Waha-Presidio natural gas pipeline projects to carry gas for Mexico’s National Electricity Commission (CFE).

The Waha-San Elizario pipeline is an approximately 195 mile pipeline from the Waha basin in Texas to the US/Mexico border at San Elizario, Texas, and the Waha-Presidio pipeline is approximately a 148 mile pipeline from the Waha production basin in West Texas to the US/Mexico border at Presidio, Texas.

The Team