Locke Lord Represents Crestwood Equity Partners in Acquisition of Terminaling and Storage Assets in Several States From Plains All American Pipeline

A Locke Lord team led by Bill Swanstrom and Mechelle Smith (both of Houston) represented Crestwood Equity Partners in the acquisition of terminaling and storage assets in several states from Plains All American Pipeline, LP, for approximately $160 million. The assets add approximately 7 million barrels of NGL storage, a multi-year supply agreement with Plains and additional access to transportation capacity from Mont Belvieu. Additional assistance was provided by Ben Cowan, Laura Ferguson, Sara Longtain, Mark Miller, Kevin Peter, Mitch Tiras, Jeff Wallace, Kirby Gilbert and James Haecker (all of Houston), Carrie Collier-Brown (Austin), Van Jolas and Geoff Polma (both of Dallas) and Jaremi Chilton (San Francisco).
Posted on May 12, 2020