ArcLight to construct new crude oil systems
ArcLight Capital Partners' portfolio company Republic Midstream has partnered with Penn Virginia Corporation to construct and operate a crude oil gathering system, a central delivery terminal complex and an intermediate takeaway pipeline. ArcLight has committed $400 million to Republic Midstream, which will be managed by two of ArcLight's experienced midstream portfolio companies, American Midstream Partners and JP Energy Partners LP.
31 July 2014•5 mins read
