Southcross Energy LLC has completed the previously announced agreement to combine with TexStar Midstream Services, LP ('TexStar'), a privately held gas gathering and processing partnership located in the Eagle Ford shale region of South Texas.
With the completion of the transaction, a new company, Southcross Holdings LP ('Holdings'), now owns 100% of the general partner of Southcross, limited partner interests in Southcross and certain former TexStar assets. EIG Global Energy Partners, Charlesbank Capital Partners and Tailwater Capital each indirectly own approximately one-third of Holdings.
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Southcross Energy Partners
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