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Martin Midstream Acquires Cardinal Gas Storage Interests

Martin Midstream Partners Lp Cardinal Gas Storage Partners, Energy Capital Partners
AnnouncedAug 11, 2014
TypeAsset
LocationMarcellus Shale,Utica Shale,Tuscaloosa Marine Shale (TMS)
Announced Date
August 11,2014
Close Date
September 02,2014
Transaction Type
Asset




Snapshot
Location
Region
Northeast

Country
United States

State
Louisiana

Play
Marcellus Shale,Utica Shale,Tuscaloosa Marine Shale (TMS)



Transaction Details:  Require Private Equity Subscription

Closing Announcement - September 2, 2014

Martin Midstream Partners L.P. reported that Redbird Gas Storage LLC, an indirect wholly-owned subsidiary of the Partnership has closed its previously announced purchase of the Category A membership interests in Cardinal Gas Storage Partners LLC.

Initial Announcement - August 11, 2014

Martin Midstream Partners L.P., through its indirect wholly-owned subsidiary Redbird Gas Storage LLC, has entered into definitive documentation with Energy Capital Partners and its affiliated funds to acquire all of ECP's Category A membership interests (approximately…


Source : Require Private Equity Subscription