News Releases

Baker Botts Represents EnLink in $600 Million Acquisition of Coronado Midstream


DALLAS, February 2, 2015 -- The EnLink Midstream companies, EnLink Midstream Partners, LP (NYSE:ENLK) (the Partnership) and EnLink Midstream, LLC (NYSE:ENLC) (the General Partner) (together “EnLink”), announced a definitive agreement to acquire Coronado Midstream Holdings LLC (“Coronado”), which owns natural gas gathering and processing facilities in the Permian Basin, for approximately $600 million, subject to certain adjustments.

The acquisition includes natural-gas gathering and processing facilities in the Permian Basin and will expand Enlink’s presence in West Texas.

Under the deal, Coronado’s owners will receive $240 million in cash, $180 million of EnLink Midstream Partners common units and $180 million of a new class of EnLink Midstream Partners common units.

Baker Botts provided counsel to EnLink Midstream Partners in connection with the acquisition.

Baker Botts Lawyers/Office Involved:  Doug Rayburn (Partner, Dallas); Preston Bernhisel (Partner, Dallas); Steve Marcus (Partner, Dallas); Chris Wilson (Partner, Houston); Aileen Hooks (Partner, Austin); Eric Winwood (Partner, Dallas); Tara Lancaster (Senior Associate, Dallas); Ryan Scofield (Associate, Dallas); Claire Fernandez (Associate, Houston)


Baker Botts is an international law firm of approximately 650 lawyers practicing throughout a network of offices around the globe. Based on our experience and knowledge of our clients' industries, we are recognized as a leading firm in the energy, technology, and life sciences sectors. Since 1840, we have provided creative and effective legal solutions for our clients while demonstrating an unrelenting commitment to excellence. For more information, please visit

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