Sunya Get smarter about energy transition
  • Home
  • Industry News
  • Newsletter
  • Podcast
  • Contact Us
Sunya
Industry News
January 8, 2025

Howard Energy Partners Acquires Ethylene Pipeline From EPIC Midstream Holdings

Newsfeed
Howard Energy Partners Acquires Ethylene Pipeline From EPIC Midstream Holdings:


120-mile, Bidirectional Pipeline Provides Critical Ethylene Transportation and Further Integrates HEP’s Gulf Coast Assets

January 08, 2025 06:28 PM Eastern Standard Time

SAN ANTONIO–(BUSINESS WIRE)–Howard Energy Partners (HEP) today announced that it has closed on the purchase of EPIC Midstream Holdings’ ethylene pipeline. The 120-mile, 12-inch, bidirectional pipeline provides critical ethylene transportation, connecting Gulf Coast Growth Venture’s petrochemical complex in Corpus Christi to storage facilities in Markham, Texas. In addition to increasing HEP’s overall footprint in the Gulf Coast region, the newly acquired ethylene pipeline offers unique synergies with HEP’s existing Javelina Plant, a treating and fractionation plant that extracts olefins, hydrogen, and natural gas liquids (NGLs) from the gas streams produced by local refineries.

“This acquisition aligns with our long-term strategy of building a diversified midstream company through organic growth and acquisitions, anchored by long-term contracts,” said Mike Howard, Howard Energy Partners’ Chairman and Chief Executive Officer. “I want to thank our internal team for executing on this opportunity. We look forward to additional growth in 2025.”

This year marked a record for HEP in M&A activity, with several material transactions totaling more than $1.1 billion. HEP now owns and operates more than 1,500 miles of pipeline, nearly 1 billion cubic feet per day of cryogenic processing capacity, and nearly 2.5 billion barrels of tank storage capacity in the United States and Mexico.

Kirkland & Ellis LLP were legal advisors to EPIC Midstream Holdings. Bracewell LLP and Sidley Austin LLP served as legal advisors to HEP.

ABOUT HOWARD ENERGY PARTNERS

Headquartered in San Antonio, Texas, Howard Energy Partners is one of the nation’s largest private energy infrastructure companies, owning and operating a unique portfolio of assets in Texas, New Mexico, Pennsylvania, Oklahoma, and Mexico. Our diversified midstream platform spans the natural gas and liquids value chain and is strategically positioned to meet the world’s increasing demand for energy. For more information on Howard Energy Partners, our purpose-driven mission, and our focus on long-term value creation, please visit our website at howardenergypartners.com.

Contacts

Meggan Morrison
Redbird Communications Group
[email protected]

TAGS: #industrynews
PREVIOUS ARTICLES
Home > Industry News
January 8, 2025

APA Corporation Prices $850 Million Private Notes Offering

NEXT ARTICLES
Home > Industry News
January 8, 2025

Kimmeridge Texas Gas Announces Pricing of Inaugural $500 Million Senior Unsecured Notes Offering

Comments are closed.
Related Post
February 20, 2025
Mizuho Bank and GenZero to form strategic
December 18, 2024
Greentown Labs Secures More Than $4 Million
April 17, 2025
Kosmos Energy Announces First LNG Cargo at
May 29, 2025
Frontier Infrastructure Advances Power Platform with a

Recent Posts

  • Invenergy to Provide Meta with Nearly 800 MW, Supporting Data Center Operations
  • Coastal Bend LNG Initiates Development of 22.5 Mtpa LNG Export Facility
  • Enfinity Global Expands U.S. Structured Credit Facility to $245 Million to Accelerate Renewable Energy Deployment
  • Ambienta raises €500m for small cap strategy
  • Shell plc (“Shell”) statement re BP plc (“BP”)

Archives

  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023

Categories

  • Industry News
  • Newsletter
  • Podcast
Scroll To Top
© Copyright 2024 Sunya Technologies Inc.