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0.000346020761245606 -0.00207612456747413 -0.00415224913494813 0.002076124567474 0.00103806228373694 0.0038062283737024 0.00996539792387544 0.0152249134948096
Stock impact report

Stonepeak to provide up to $1 bln to Discovery [Reuters]

Energy Transfer LP Common Units (ET) 
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Company Research Source: Reuters
Stonepeak to provide up to $1 bln to Discovery - PE Hub Stonepeak to provide up to $1 bln to Discovery Print Email Dallas-based Discovery Midstream Holdings II LLC Stonepeak Infrastructure Partners Hunton Andrews Kurth LLP Kirkland & Ellis LLP PRESS RELEASE DALLAS, Jan. 7, 2019 /PRNewswire/ — Discovery Midstream Holdings II, LLC (“Discovery”), a producer-focused midstream company, announced today that it has received an initial equity commitment of up to $1.0 billion from Stonepeak Infrastructure Partners (“Stonepeak”), an infrastructure-focused private equity firm, to pursue a suite of North American midstream opportunities. Headquartered in Dallas, Texas, Discovery is led its four founding partners who have a successful track record of value creation in the midstream industry. The team includes Co-CEO’s Drew Chambers and Steven Meisel, CFO Daniel Sailors and COO Cory Jordan. Discovery’s founding partners have profitably invested greater than $2.0 billion of equity into the midst Show less Read more
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