Latham & Watkins Advises Global Infrastructure Partners in its Preferred Equity Investment in Easton Energy

Global Infrastructure Partners has announced that it has made a preferred equity investment of up to US$245 million in Easton Energy LLC.

Easton is a Houston-based midstream company focused on developing infrastructure assets that support the transportation, storage, and processing of natural gas liquids, refined products, and petrochemicals along the Gulf Coast. Easton's assets include liquid hydrocarbon salt cavern storage facilities in Markham, Texas, and roughly 450 miles of pipelines that connect key product markets along the Texas and Louisiana Gulf Coast. 

Latham & Watkins LLP represents Global Infrastructure Partners in the transaction with a corporate deal team led by Houston partner Lauren Anderson, with Houston associate Alice Parker.