Southcross Energy Partners LP - 2015-08-19
Description
Southcross Energy Partners LP and Southcross Holdings LP received a $175 million equity commitment. Charlesbank Capital Partners, EIG Global Energy Partners and Tailwater Capital provided the commitment. $50 million will support Southcross’ opportunities in the Eagle Ford Shale, including acquisitions. It will also support asset dropdowns from Holdings. The remaining $125 million will support Holdings’ inventory of Eagle Ford midstream dropdown assets.