One-Page Deal Sheet
First Reserve, BlackRock Acquire Interest in Mexico Pipeline
Transaction Details: Require Private Equity Subscription
BlackRock and First Reserve have entered into a definitive agreement with P.M.I., a wholly owned subsidiary of Petroleos Mexicanos (PEMEX), to acquire approximately forty-five percent equity interest in two natural gas pipelines, Los Ramones Phase II North and Los Ramones Phase II South. Upon closing, these will be the first major PEMEX-sponsored midstream assets to be built in partnership with foreign capital since the approval of Mexico’s historic Constitutional Energy Reform in 2013.
The Los Ramones II Projects consist of the construction and operation of 744km of natural gas pipelines…
Gulf Coast - South Texas Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Nov-11-2020 |
- |
- |
Click here | Texas | Midstream |
| Nov-02-2020 |
- |
- |
Click here | Texas | Midstream |
| Nov-08-2019 |
- |
- |
Click here | Texas | Midstream |
| Mar-20-2019 |
- |
- |
Click here | Texas | Midstream |
| Aug-09-2018 |
- |
- |
Click here | Texas | Midstream |
