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.