NGL向Alliance Energy出售18个丙烷终端

NGL Energy Partners 高管完成了价值约 2.7 亿美元的非核心资产出售,以专注于其主要业务。


NGL Energy Partners (NGL)于 5 月 5 日宣布完成几项非核心资产出售,价值约 2.7 亿美元,其中包括 Alliance Energy Services 收购的 18 个丙烷终端。

NGL还出售了其Rack Marketing精炼产品业务、Limestone Ranch所有权以及公司剩余的原油铁路车辆队。该公司计划专注于其核心资产——位于特拉华、鹰福特和丹佛-朱尔斯堡盆地的水处理网络。该公司还保留了原油物流服务业务的所有权。

NGL 首席执行官 Mike Krimbill 在一份新闻稿中表示:“这些资产出售降低了我们调整后的 EBITDA 和营运资本需求的波动性和季节性。所得款项将用于偿还剩余的 ABL 余额,多余的现金将用于额外的去杠杆和解决我们资本结构的其他部分。”

对于总部位于密苏里州的丙烷批发营销公司 Alliance 来说,此次收购将扩大其在丙烷供应和物流领域的全国影响力。

Alliance 首席执行官 Jason Doyle 在一份新闻稿中表示:“收购这 18 个丙烷终端对于 Alliance Energy Services 来说是一个重要的里程碑。” 

Breakwall Capital 通过向 Alliance 提供与可持续发展挂钩的定期贷款为该交易提供资金。

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NGL Sells 18 Propane Terminals to Alliance Energy

NGL Energy Partners executives closed the sale of approximately $270 million in non-core assets to focus on its primary business.


NGL Energy Partners (NGL) announced the closing of several non-core asset sales for approximately $270 million, including 18 propane terminals bought by Alliance Energy Services, the companies announced May 5.

NGL also sold its Rack Marketing refined products business, its Limestone Ranch ownership and the company’s remaining crude rail car fleet. The company plans to focus on its core assets — water disposal networks in the Delaware, Eagle Ford and Denver-Julesburg basins. The company also maintains ownership of a crude logistics services business.

“These asset sales reduce the volatility and seasonality of our adjusted EBITDA and working capital requirements,” said Mike Krimbill, CEO of NGL, in a press release. “The proceeds will be used to pay off the remaining ABL balance and the excess cash will be used for additional deleveraging and addressing other parts of our capital structure.”

For Alliance, a Missouri-based wholesale propane marketing firm, the acquisition will expand its national footprint in propane supply and logistics.

"The acquisition of these 18 propane terminals represents a significant milestone for Alliance Energy Services," said Jason Doyle, CEO of Alliance, in a press release. 

Breakwall Capital financed the deal with a sustainability-linked term loan to Alliance.

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