One-Page Deal Sheet
Tallgrass Acquires Colorado Terminals in Drop-Down Acquisition
Tallgrass Energy, LP Tallgrass Development LP
Announced Date
January 03,2017
Transaction Type
Asset
Location
Region
Rockies
Country
United States
State
Colorado
Transaction Details: Require Private Equity Subscription
Tallgrass Energy Partners acquired Tallgrass Terminals, LLC and Tallgrass NatGas Operator, LLC from Tallgrass Development for cash consideration of $140 million.
The acquisition represents TEP’s fifth dropdown acquisition from Tallgrass Development and was funded at closing through borrowings on TEP’s revolving credit facility.
Acquired AssetsTallgrass Terminals owns the following fully operational assets:
The Sterling Terminal near Sterling, Colo., that provides approximately 1.3 million barrels of operational storage to the Tallgrass Pony Express crude oil pipeline. This facility’s…United States Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Feb-21-2020 |
-  |
- |
Click here | North Dakota | Midstream |
| Jan-08-2020 |
- |
- |
Click here | Colorado | Midstream |
| Jul-30-2018 |
- |
- |
Click here | New Mexico | Midstream |
| Jan-13-2018 |
- |
- |
Click here | Wyoming | Midstream |
| Apr-04-2017 |
- |
- |
Click here | Midstream |
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Dec-18-2025 |
- |
- |
Click here | Colorado | E&P |
| Nov-03-2025 |
- |
- |
Click here | Colorado | E&P |
| Nov-03-2025 |
- |
- |
Click here | Colorado | E&P |
| Jul-10-2025 |
- |
- |
Click here | Colorado | E&P |
| Apr-10-2025 |
- |
- |
Click here | Colorado | E&P |