Hunton Andrews Kurth Advises Purchasers on Bluewater Gas Storage, LLC’s Private Placement of $25 Million of Senior Notes

Time 1 Minute Read
October 22, 2024
News

Hunton Andrews Kurth LLP advised the purchasers in connection with Bluewater Gas Storage, LLC’s (Bluewater) issuance of $25 million aggregate principal amount of its 5.41% Senior Notes due November 1, 2041, in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended.

Bluewater owns a 31 Bcf (billion cubic feet) natural gas storage facility in Michigan, with interconnections to hubs in Chicago, Illinois and Dawn, Ontario. Bluewater also leases a 3 Bcf natural gas storage facility from its affiliate, BGS Kimball Gas Storage, LLC. Bluewater contracts with customers for natural gas storage at both facilities under its market-based tariff approved by the Federal Energy Regulatory Commission. Bluewater is a wholly owned subsidiary of Bluewater Natural Gas Holding, LLC, which is a wholly owned subsidiary of WEC Energy Group, Inc.

The Hunton Andrews Kurth team included Adam R. O’BrianPatrick C. JamiesonMonika M. Dziewa and Josh Van Kirk.

Media Contact

Lisa Franz
Director of Public Relations

Jeremy Heallen
Public Relations Senior Manager
mediarelations@HuntonAK.com

.

Related Insights

Jump to Page