Stonepeak Infrastructure Partners’ $1.5 Billion Financing for the purchase of Oryx Midstream Services

Sidley represented affiliates of Stonepeak Infrastructure Partners on the transaction

Stonepeak Infrastructure Partners secured the financing for its acquisition of Oryx Midstream Services. The financing consisted of a $1.5 billion senior secured Term Loan B facility and a separate senior secured revolving credit facility.

Stonepeak Infrastructure Partners is an principal investment firm specializing in infrastructure investments. The firm prefers to invest in infrastructure with a focus on power, midstream, renewables, energy, utilities, transportation, communications, and water.

The Sidley team was led by partners Herschel Hamner (Picture), Banks Bruce, Sean Damm, Andy Chen, Angela Daniel and Tiffany Van.

Involved fees earner: Banks Bruce – Sidley Austin LLP; Andy Chen – Sidley Austin LLP; Sean Damm – Sidley Austin LLP; Angela Daniel – Sidley Austin LLP; Herschel Hamner III – Sidley Austin LLP; Tiffany Van – Sidley Austin LLP;

Law Firms: Sidley Austin LLP;

Clients: Stonepeak Infrastructure Partners;

Author: Ambrogio Visconti