Investments
1Latest Crestwood Niobrara News
Apr 26, 2019
Bracewell LLP represented affiliates of existing preferred equity investors in CN Jackalope Holdings, LLC (Holdings), led by Global Infrastructure Partners, in connection with the preferred equity investment by Holdings in Crestwood Niobrara LLC (Niobrara) for $235 million in cash consideration. The preferred investment was used in part to finance the acquisition by Niobrara of the remaining 50 percent interest in Jackalope Gas Gathering Services, L.L.C. that it did not already own from Williams MLP Operating LLC. As a result of the consummation of the transactions, Niobrara owns 100 percent of the interests in Jackalope, and Crestwood Midstream Operating LLC, a Delaware limited liability company and affiliate of Niobrara, will now provide field operations and construction management services for Jackalope. Bracewell LLP advised with a team including Thomas M. Tomlinson (Picture), Elizabeth L. McGinley, Lytch T. Gutmann, Katherine Erbeznik , and Charlotte Keenan.
Crestwood Niobrara Investments
1 Investments
Crestwood Niobrara has made 1 investments. Their latest investment was in Jackalope Gas Gathering Services as part of their Corporate Minority on April 4, 2019.
Crestwood Niobrara Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
4/10/2019 | Corporate Minority | Jackalope Gas Gathering Services | $485M | Yes | 1 |
Date | 4/10/2019 |
---|---|
Round | Corporate Minority |
Company | Jackalope Gas Gathering Services |
Amount | $485M |
New? | Yes |
Co-Investors | |
Sources | 1 |
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