Baker Botts Represents Edgewater Midstream in Closing Acquisition of Shell USA Logistics Assets
Deal Description: Edgewater Midstream LLC (“Edgewater”), a portfolio company of EnCap Flatrock Midstream, announced on December 3, 2024 that it closed its previously announced acquisition of the Sinco Pipeline system and the Colex East and Colex West Terminals in the Houston refining corridor from certain subsidiaries of Shell USA, Inc. (“Shell”).
The Sinco Pipeline system includes a series of intrastate refined products pipelines connecting the Deer Park Refinery Complex to the Colex East and Colex West Terminals, along with various other refined products and crude oil terminals along the Houston Ship Channel.
The Colex East and Colex West Terminals include a combined storage capacity of approximately 3 million barrels of motor fuels. Strategically located at the origin of the Colonial Pipeline, these facilities provide a direct link to the largest refined products pipeline in the United States. Additionally, the facilities offer a connection to the Explorer Pipeline, which delivers refined products from the U.S. Gulf Coast to Midwest markets.
Baker Botts represented Edgewater in the Acquisition.
Baker Botts Lawyers/Office Involved:
Corporate: Joshua Davidson (Partner, Houston); Natasha Khan (Partner, Houston); Caitlin Lawrence (Partner, Houston); Garrett Hughey (Senior Associate, Houston); Michael Mazidi (Associate, Houston); Jenna Kabrich (Associate, Austin); Cade Luedde (Associate, Houston); Madeline McCune (Associate, Houston).
Global Projects: Scott Looper (Partner, Houston); Megan Young (Associate, Houston); Jesse Nation (Associate, Houston).
Real Estate: Daniel Kruger (Partner, Washington D.C.); Sarah Hendrix (Associate, Houston); Taylor Gamboa (Associate, Dallas).
Tax: Michael Bresson (Partner, Houston); Katie McEvilly (Senior Associate, Houston).
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