Bradley Epstein, director within the global energy investment banking group at Citigroup, is today’s Forty Under 40 featured honoree.
Bradley has been part of numerous transactions and been able to see and participate in “the changing landscape of MLPs and midstream infrastructure companies.”
“There has been a real shift in the market for MLPs over the last few years, which has driven many companies to assess their structure, explore various alternatives to accessing capital, and consider their ability to participate in strategic M&A,” he said.
The acquisition of Fountain Qual Water Treatment is expected to strengthen XRI Holdings’ network of water midstream systems in the Permian Basin.
Petrobras is aggressively divesting noncore assets in a bid to reduce its hefty debt load, which has steadily fallen in recent years but is still above that of its peers.
Big private-equity house is keen to build out from base of 1.4 million bbl/d disposal.