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Timothy Smith

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Timothy Smith

Re: None

Wednesday, 09/23/2015 8:29:07 PM

Wednesday, September 23, 2015 8:29:07 PM

Post# of 112
Energy Capital Partners is seeking buyers for its interest in Summit Midstream Partners (SMLP -4.2%), a deal that would include a minority stake in the pipeline operator as well as ownership of its general partner, Bloomberg reports.

The P-E firm reportedly is working with Barclays to find a buyer for the assets, which could fetch at least $2B.

Energy Capital indirectly owns ~44% limited partnership interest in SMLP.

Purely My Own Opinion. Do Your Own Due Diligence.

“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty

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