NGL Energy Partners LP Announces Acquisition Of Coastal Plains Disposal #1 LLC


Tuesday, 3 Sep 2013 01:49pm EDT 

NGL Energy Partners LP announced that it has acquired the water disposal business of Coastal Plains Disposal #1, LLC, a Texas limited liability company (Coastal Plains), owned by WinCo Development, LLC, a Texas limited liability company, for 222,381 common units and $109.5 million in cash. The acquisition also includes an option to acquire a fourth water disposal facility currently under development, which is expected to be operational prior to the end of the year, and options to acquire two additional strategically located permitted locations. 

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