One-Page Deal Sheet
Martin Midstream Partners Sells Natural Gas G&P Assets
Not Disclosed Martin Midstream Partners Lp
Announced Date
June 20,2012
Close Date
June 20,2012
Transaction Type
Asset
Location
Region
North America
Country
United States
State
Texas
Transaction Details: Subscribe to see
Martin Midstream Partners L.P. (Nasdaq:MMLP) ("MMLP" or the "Partnership") announced today that it has entered into a definitive agreement to sell its East Texas and Northwest Louisiana natural gas gathering and processing assets owned by Prism Gas Systems I, L.P., a wholly-owned subsidiary of MMLP, and certain other natural gas gathering and processing assets also owned by the Partnership to CenterPoint Energy Field Services, LLC ("CEFS"), an indirect, wholly-owned subsidiary of CenterPoint Energy Inc. (NYSE:CNP), for $275 million (the "Divestiture") subject to certain purchase price…
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