Selected Transactions
Purchase of Penreco, a producer of highly refined petroleum products, for $267 million from owners ConocoPhillips Company and M.E. Zukerman.
Sale of a 50% interest in a $350 million development of a gas storage facility in Louisiana and subsequent financing.
Financing of a $1.1billion development of an LNG terminal in Pascagoula, Mississippi and concurrent sale of a 50% interest to El Paso Corporation.
Sale of 100% interest in industrial equipment rental company for refining, petrochemical, and oilfield customers to CapStreet Group LLC.
Sale of 100% interest of nickel and alloy pipe distributor to an affiliate of Freestone Partners, L.P.
Sale of propane terminals to Keyera Energy Inc. and SemStream L.P. in separate transactions. Also advised on sale of gas marketing business to a subsidiary of CenterPoint Energy Inc. and the sale to and subsequent repurchase from CMS Energy of a significant equity interest.