HOUSTON – Bracewell represented Holly Energy Partners, L.P. (NYSE: HEP) in its acquisition from HollyFrontier Corporation (NYSE: HFC) of the newly constructed naphtha fractionation and hydrogen generation units at HollyFrontier Corporation’s El Dorado refinery. The consideration for the assets was $62 million in cash. Holly Energy Partners, L.P. provides petroleum product and crude oil transportation, tankage and terminal services to the petroleum industry, including HollyFrontier Corporation.
Bracewell attorneys working on this transaction included:
Partners: Jason M. Jean and Ryan S. Holcomb
Associate: Ben A. Fedorko