Hunton Andrews Kurth Represents Ridgemont Equity Partners in its Joint Venture Investment to Provide Permian Basin NGL Transportation Solution

Hunton Andrews Kurth represented Ridgemont Equity Partners in its joint venture investment with Denham Capital Management and the Ontario Power Generation Inc. Pension Plan to back WhiteWater Midstream, MPLX LP and West Texas Gas, Inc. to provide natural gas liquids (NGLs) takeaway capacity from MPLX and WTG gas processing plants in the Permian Basin to the NGL fractionation hub in Sweeny, TX.

The JV will provide an optimized approach to pipeline transportation service for NGLs primarily through the utilization of existing infrastructure with limited initial construction. The solution will facilitate future, capital-efficient expansions that meet customer demands in a recovering basin. The JV is supported by volumes from key processing plants with long-term commitments from top-tier Permian producers.

The Hunton Andrews Kurth team included Parker Lee, Taylor Landry, Harve Truskett, Shemin Proctor, Ian Goldberg, Ming Lei, Alex Miron and Rachel Morico.