Scandinavian Oil-Gas Magazinehttp://www.scandoil.com/moxie-bm2/news/southcross-energy-llc-and-texstar-midstream-servic.shtmlSouthcross Energy LLC and TexStar Midstream Services, LP complete combinationSouthcross Energy LLC has completed the previously announced agreement to combine with TexStar Midstream Services, LP
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Edit page New page Hide edit links Southcross Energy LLC has completed the previously announced agreement to combine with TexStar Midstream Services, LP ('TexStar'), a privately held gas gathering and processing partnership located in the Eagle Ford shale region of South Texas. With the completion of the transaction, a new company, Southcross Holdings LP ('Holdings'), now owns 100% of the general partner of Southcross, limited partner interests in Southcross and certain former TexStar assets. EIG Global Energy Partners, Charlesbank Capital Partners and Tailwater Capital each indirectly own approximately one-third of Holdings. |