HOUSTON – Bracewell LLP represented the Conflicts Committee of the general partner of Tallgrass Energy Partners, LP (NYSE: TEP) in its acquisition of Tallgrass Terminals, LLC and Tallgrass NatGas Operator, LLC from Tallgrass Development, LP for cash consideration of $140 million.
Tallgrass Terminals, LLC has existing crude oil storage operations and projects under development. Tallgrass NatGas Operator, LLC is the operator of Rockies Express Pipeline.
Bracewell lawyers working on this transaction included:
Partners: Troy L. Harder and Timothy A. Wilkins
Associates: Kathy W. Medford