Energy Capital Partners

Southcross

In November 2014, ECP made a preferred equity investment in Southcross Holdings LP (“Holdings”) from its Mezzanine Opportunities Fund. Holdings is the parent company of Southcross Energy Partners, L.P. (NYSE: SXE), a master limited partnership primarily based in South Texas’ Eagle Ford Basin, with an additional smaller asset base in Mississippi and Alabama.

Southcross provides natural gas gathering, processing, treating and transportation services as well as NGL fractionation, transportation and marketing services to a well-diversified group of blue chip customers. Holdings was formed in August 2014 through the combination of Southcross Energy LLC, the predecessor parent of SXE, and TexStar Midstream Services, two integrated midstream companies with complementary assets in the Eagle Ford basin.

Nov 07, 2014

Southcross Holdings LP Announces $210 Million Capital Commitment from Energy Capital Partners and GE Energy Financial Services

Southcross Holdings LP (“Holdings”) announced today the completion of a $210 million preferred equity commitment from Energy Capital Partners Mezzanine Opportunities Fund and GE Energy Financial Services. Holdings owns 100% of Southcross Energy Partners GP, LLC, the general partner of Southcross Energy Partners, L.P. (NYSE:SXE) (“Southcross”), limited partner interests in Southcross, and several Eagle Ford based midstream assets.