HOUSTON – Bracewell LLP represented PetroLogistics Company LLC in the formation of PetroLogistics II LLC (PetroLogistics), a joint venture between Quantum Energy Partners (Quantum), Stonecourt Capital LP (Stonecourt), and the principals of PetroLogistics, David Lumpkins and Nathan Ticatch. PetroLogistics, headquartered in Houston, Texas, plans to continue the strategy of its predecessor, PetroLogistics Company LLC, to acquire, develop, and operate petrochemical manufacturing, processing and logistics assets in North America.
Quantum, Stonecourt and members of the PetroLogistics management team have collectively made initial capital commitments to the PetroLogistics in excess of $500 million.
Bracewell lawyers involved in this transaction included:
Partners: Charles H. Still and Elizabeth L. McGinley
Associates: Andrew W. Monk