Stonepeak Infrastructure Partners $3.6 billion acquisition of Oryx Midstream

Overview:

• Investment firm Stonepeak Infrastructure Partners has acquired Permian Basin crude oil operator Oryx Midstream.
• Oryx was sold by an investor group that included Quantum Energy Partners and Post Oak Energy Capital. 
• Barclays led a group of lenders in connection with a $1.5 billion term B loan to help finance the acquisition. 
• Barclays acted as financial adviser to Stonepeak and Jefferies and Citi advised Oryx. 

Kurt Stumpo - US Editor