Bracewell Represents Evercore Partners in Cheniere Energy Partners’ Acquisition of Cheniere Creole Trail Pipeline and $500 Million Issuance of Units

HOUSTON  — Bracewell & Giuliani LLP is representing Evercore Partners, advisor to the Conflicts Committee of the Board of Directors of Cheniere Energy Partners, L.P., in the partnership’s $480 million acquisition of Cheniere Creole Trail Pipeline, L.P. from Cheniere Energy, Inc. and in the sale of $500 million newly issued Class B PIK Units to Cheniere Energy, Inc.

Investment funds managed by Blackstone Energy Partners L.P. and Blackstone Capital Partners VI L.P. have separately agreed to purchase $1.5 billion newly issued Class B PIK Units from Cheniere Energy Partners, L.P.

Proceeds from the financings will be used to fund the equity portion of the costs of developing, constructing and placing into service the Sabine Pass LNG liquefaction project being developed adjacent to the Sabine Pass LNG terminal, to purchase the Creole Trail Pipeline from Cheniere Energy, Inc. and to fund modifications to the Creole Trail Pipeline and for other partnership business purposes.

Bracewell attorneys who are working on the matter include:

Partner: William S. Anderson

Counsel: R. Eric McCord

Associate: Caroline G. Alexander