Natural Gas Utilities

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JP Energy Partners completes acquisition of Southern Propane Inc.

Monday, 11 May 2015 08:00am EDT

JP Energy Partners LP:Has completed the previously announced acquisition of substantially all of the assets of Southern Propane Inc.The $14.9 million acquisition is expected to be immediately accretive to JP Energy's distributable cash flow per unit and was funded from JP Energy's revolving credit facility and the issuance of about 267,000 JPEP units.

Enable Midstream announces acquisition of Monarch Natural Gas Gathering assets in Texas Panhandle

Monday, 4 May 2015 07:00am EDT

Enable Midstream Partners LP:On May 1, it completed acquisition of $80 million of strategic natural gas gathering assets in the Texas Panhandle from Monarch Natural Gas, LLC.The assets are underpinned by long-term dedication of 35,000 net acres from a producer who is a current Enable Midstream customer.The acquisition is immediately accretive to Enable Midstream.

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