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Announced

Global Infrastructure Partners to invest $245m in Easton Energy.

Synopsis

Global Infrastructure Partners, a global, independent infrastructure fund manager, agreed to invest $245m in Easton Energy, a Houston based midstream company. "We are very pleased to have entered into this transaction with Easton and its sponsor, Cresta. Easton's assets provide services that are core to its Gulf Coast midstream and petrochemical customers. This investment exemplifies GIP's ability to provide tailored financing solutions for high quality, critical infrastructure projects and partner with experienced management teams and sponsors," Denny Sreckovic, GIP Managing Director.

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