EIG Global Energy and FS Energy and Power Fund has invested in NGL Energy Partners.

EIG Global Energy and FS Energy and Power Fund, energy companies has invested in NGL Energy Partners, an energy business with four primary businesses: water solutions, crude oil logistics, NGL logistics and refined products/renewables. Financial terms were not disclosed. “We expect the acquisition of the Mesquite assets, together with NGL’s existing footprint in the Northern Delaware basin, to provide NGL with unmatched scale and capabilities that will facilitate best-in-class execution for its customers. NGL’s system is strategically located in the core of the Delaware basin and is well-positioned to capture significant volume growth as produced water levels continue to rise alongside rapidly growing oil production. We look forward to working with the NGL team towards this next phase of growth for the Partnership and its stakeholders.” Brian Boland, EIG Global Energy Managing Director and Co-head.