Jun 18, 2014 | Recent Deals | Houston
On June 17, 2014, Valero Energy Corporation (NYSE: VLO) announced the approval of the drop-down of certain assets to Valero Energy Partners LP (NYSE: VLP) for total consideration of $154 million.
The assets to be sold include:
- The McKee Crude System, located in Sunray, Texas
- The Three Rivers Crude System, located in the Eagle Ford shale region in South Texas
- The Wynnewood Products System, located in Ardmore, Oklahoma
Baker Botts represented VLO in the drop-down.
Related Posts:
- None Found
