A guide to all the legal and business issues involved in private equity transactions. Vinson & Elkins advised EagleClaw Midstream (EagleClaw or the Company) and funds managed by Blackstone Energy Partners (Blackstone) in connection with the binding agreements between EagleClaw, Blackstone and I Squared Capital, pursuant to which I Squared Capital has committed over $500 million of cash and contributed its Delaware Basin midstream portfolio company, Pinnacle Midstream, and . This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. (Reuters) - EagleClaw Midstream Ventures LLC, the largest privately held operator of pipelines and processing facilities in West Texas . Driving forward backed by strong partners with significant equity commitments. About I Squared Capital EagleClaw We encourage the public to notice pipeline markers and always call 811 before you begin any excavation project. November 5, 2018. Blackstone last year bought EagleClaw for $2 billion from another equity form, EnCap Flatrock Midstream of San . From Natural Gas to Crude Oil to Water, our midstream services provide for cost efficient, safe, and reliable solutions to the energy industry. Blackstone Energy Partners, Blackstone Group LP's energy-focused private-equity business, and Blackstone Capital Partners agreed to buy EagleClaw Midstream Ventures LLC for $2 billion. EagleClaw Midstream - Blackstone Funds Jul 2017 - Present 4 years. The pipelines, totaling about 375 miles, continue west into Culberson County, inching up toward the New Mexico border. Tweet. I Squared commits to EagleClaw and Blackstone Delaware Basin partnership. Jimmy Fallon, host of NBC's The Tonight Show, is also a father and his hilarious picture book reveals what everyone already knows: that fathers wage a secret campaign to ensure that their babies' first word is âDada!â Here he shows us ... The deal . EagleClaw Midstream ("EagleClaw" or the "Company"), funds managed by Blackstone Energy Partners ("Blackstone"), and I Squared Capital announced today that the parties have executed and concurrently closed binding agreements pursuant to which I Squared Capital has committed over $500 million of cash and contributed its Delaware Basin midstream portfolio company, Pinnacle Midstream . David Foley, CEO of Blackstone Energy Partners and Chairman of EagleClaw's Board, stated, "On behalf of EagleClaw's Board and all stakeholders, I would like to thank Bob for his leadership in co-founding EagleClaw and helping to build the company into the leading midstream provider in the Delaware Basin. NEW YORK TIMES BESTSELLER From Blackstone chairman, CEO, and co-founder Stephen A. Schwarzman, a long-awaited book that uses impactful episodes from Schwarzman's life to show readers how to build, transform, and lead thriving organizations. We are committed to sharing our environmental performance and building good relationships inside and outside of our organization. Blackstone Energy Partners LP will buy EagleClaw Midstream Ventures LLC for $2 billion cash, the companies said April 17 as the Permian Basin's infrastructure A&D shows signs of picking up. EagleClaw Midstream Ventures LLC, which . We provide the gathering, compression, processing, transportation and water management services required to bring natural gas, natural gas liquids and crude oil to market and are dedicated to providing the best service and netback for our customers. L.L.C., its indirect subsidiary. Blackstone to buy EagleClaw Midstream for about $2 billion. In the past he was Principal at AEA Investors LP, Consultant at Monitor Co. Group GP LLC and Senior Managing Director at Blackstone Group . The acquisition of Pinnacle by EagleClaw significantly benefits Pinnacle’s customers by enhancing flow assurance and reliability and providing additional flexibility for customers’ natural gas, crude, and NGL takeaway. EagleClaw is also a 50% partner with Kinder Morgan on the Permian Highway Pipeline, an approximately $2 billion pipeline project designed to transport up to 2.0Bcf/d of natural gas from the Permian Basin to the Katy, Texas area, with connections to the Gulf Coast and Mexico markets. [Context: On November 2, Blackstone Energy-backed EagleClaw Midstream announced a new acquisition of Pinnacle Midstream from I Squared Capital along with a $500m equity commitment. Once the deal closes, EagleClaw will operate as a Blackstone portfolio . Contributor. FILE PHOTO - The ticker and trading information for Blackstone Group is displayed at the . The all-cash deal . Found insideThis comprehensive guide has been fully updated to address seven years of major changeâwhich has all but transformed the loan market as we knew it. MIDLAND & HOUSTON, Texas–(BUSINESS WIRE)–EagleClaw Midstream (“EagleClaw” or the “Company”), funds managed by Blackstone Energy Partners (“Blackstone”), and I Squared Capital announced today that the parties have executed and concurrently closed binding agreements pursuant to which I Squared Capital has committed over $500 million of cash and contributed its Delaware Basin midstream portfolio company, Pinnacle Midstream, and become a partner in BCP Raptor Holdco, the parent company for EagleClaw. In a deal worth approximately $2bn, EagleClaw Midstream Ventures, LLC has announced that it is to be sold to funds managed by Blackstone Capital Partners. Featuring tackle tips and a recipe room. Managing Director and Head of Investor Relations Independent and financially backed by Blackstone and I Squared Capital, EagleClaw Midstream is the largest private gathering and processing pure-play business strictly focused within the Permian Basin. I Squared Capital has committed over $500m of cash and contributed its Delaware Basin midstream portfolio company, Pinnacle Midstream, and become a partner in BCP Raptor Holdco, the parent company for EagleClaw. Forfatteren beskriver den amerikanske sømilitære strategi i 1980'erne og diskuterer den set i et historisk perspektiv, herunder overvejelser om, hvordan fremtidens sømilitære strategier ville se ud. The largest privately owned processor in the Delaware Basin with over 1.3 Bcf per day of processing capacity and more than 1,300 miles of pipeline. 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Blackstone joins a parade of pipeline buyers in the . | Privacy Policy | Website Design by Axiom, Closing of the previously-announced acquisition of Caprock Midstream reinforces EagleClaw’s position as the largest pure-play, privately-held Delaware Basin midstream business with comprehensive, multi-stream service capabilities, Investment by I Squared Capital, a leading global infrastructure investor, will provide capital to further accelerate EagleClaw’s growth, The additional concurrent acquisition of Pinnacle Midstream from I Squared Capital further augments EagleClaw’s best-in-class service offering, adding high-quality dedicated acreage, customers, and complementary natural gas gathering, processing, and crude storage assets in close proximity to EagleClaw’s existing system, Pro forma for these investments, the EagleClaw system offers Delaware Basin producer customers unrivaled scale, reliability, and connectivity for residue gas, NGLs, and crude takeaway. Jefferies LLC acted as Blackstone and EagleClaw’s financial advisor in connection with the transactions. Delaware Link . Blackstone has invested or committed $16 billion of equity globally across a broad range of sectors within the energy industry. May 22, 2020 6:11PM EDT. EagleClaw Midstream Issues Inaugural 2020 ESG report. MIDLAND and HOUSTON -- EagleClaw Midstream, a portfolio company of Blackstone Energy Partners and I Squared Capital, announced a series of commercial and organizational milestones. Pinnacle is now a subsidiary of EagleClaw Midstream Ventures LLC. EagleClaw Midstream is strategically located in the heart of the Delaware Basin in the Permian, one of the fastest growing areas for oil and gas development in the world. EagleClaw Midstream is a portfolio company of Blackstone Energy Partners and I Squared Capital. About Blackstone Energy Partners The transaction, which . HOUSTON--(BUSINESS WIRE)--Kinder Morgan Texas Pipeline LLC (KMTP), a subsidiary of Kinder Morgan, Inc. (NYSE: KMI), and EagleClaw Midstream Ventures, LLC (EagleClaw), a portfolio company of Blackstone Energy Partners, today announced a final investment decision to proceed with the Permian Highway Pipeline Project (PHP Project) after having executed definitive joint venture agreements and . Helps drivers learn how to protect the environment by suggesting good driving practices, proper car maintenance, recycling automotive items, following manufacturers' operational recommendations, & considering the environment when buying a ... Blackstone Senior Managing Director and & Global Head of Blackstone Energy Partners David Foley and Adil Rahmathulla, Managing Partner of I Squared Capital, added, "We are pleased to add an executive of Laura's caliber to our Board. The Woodlands and New York, February 5, 2019 - Today, Blackstone (NYSE:BX) ("Blackstone") announced that funds managed by Blackstone Energy Partners L.P. have formed Waterfield Midstream ("Waterfield"), a full-cycle provider of water management services, including water gathering, treatment, recycling and disposal, to provide solutions to producers in the Permian Basin. Blackstone Energy Partners is Blackstone’s energy-focused private equity business, with a successful record built on our industry expertise and partnerships with exceptional management teams. Midstream Services is currently focused on growing its existing assets in the Delaware Basin as well as pursuing greenfield and acquisition opportunities in the region. EagleClaw is backed by a $350 million in growth capital from EnCap Flatrock Midstream of San Antonio. MIDLAND, Texas & HOUSTON-April 02, 2019- (BUSINESS WIRE)- EagleClaw Midstream ("EagleClaw"), a portfolio company of Blackstone Energy Partners and I Squared . EagleClaw Midstream, a portfolio company of Blackstone Energy Partners, has entered into binding agreements to acquire Caprock Midstream Holdings from Energy Spectrum Capital and Caprock Midstream Management for $950 million. Blackstone to buy EagleClaw Midstream for about $2 billion. Houston, Texas Area VP, Chief Accounting Officer and Controller CrossAmerica Partners LP and CST Brands . Read full article. Further details, advisors and related links are below.] Delaware Link . I Squared Capital is an independent global infrastructure investment manager focusing on energy, utilities, telecommunications and transport in the Americas, Europe and Asia. Blackstone Prices $2.0 Billion Senior Notes Offering. Midland, Texas-based EagleClaw Midstream, a Blackstone Energy Partners portfolio company that has an office in Houston, has agreed . Liz Hampton, Reuters. The firm has offices in Hong Kong, Houston, London, Miami, New Delhi, New York and Singapore. 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