A Locke Lord team led by Joe Perillo (Houston) represented Enterprise Products Partners L.P. in an announced agreement under which American Midstream may elect to purchase a 25 percent interest in Enterprise’s Pascagoula natural gas processing plant. The purchase option is subject to certain conditions, including American Midstream completing modifications to its High Point pipeline system that will provide incremental natural gas volumes with access to the Pascagoula plant. For more information, see the press release. Additional assistance was provided by Hunter Summerford, Jeff Wallace and Lauren Corbeil (all of Houston).
Posted on August 23, 2018