Southcross draws on facility to fund natural gas pipelines purchase

By Tali Rackner

Norfolk, Va., March 7 - Southcross Energy Partners, LP drew on its existing credit facility to fund its acquisition of natural gas pipelines near Corpus Christi, Texas, according to a press release.

The purchase price was roughly $40 million.

Southcross Energy is a Dallas-based natural gas company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.