Bracewell & Giuliani LLP is representing Kinder Morgan Energy Partners, L.P. (KMP) in its agreement to sell Kinder Morgan Interstate Gas Transmission, Trailblazer Pipeline Company, the Casper-Douglas natural gas processing and West Frenchie Draw treating facilities in Wyoming, and the company’s 50 percent interest in the Rockies Express Pipeline (REX) to Tallgrass Energy Partners, LP.
KMP will receive approximately $1.8 billion in cash from the transaction. Including the proportionate amount of REX debt, this amount is equivalent to a value of $3.3 billion. The transaction is expected to close in the fourth quarter of 2012.
Bracewell attorneys working on the transaction include:
Partners: W. Cleland Dade, Gregory M. Bopp, Heather L. Brown, Robin J. Miles, Aaron P. Roffwarg, Jeffrey S. Whittle, Timothy A. Wilkins, and Jonathan D. Wry
Senior Counsel: R. Eric McCord
Associates: Jordan Federko and Molly E. Tucker
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