Haynes Boone represented Ironwood Midstream Energy Partners III, LLC (Ironwood III) as it secured a substantial equity commitment from Kayne Anderson Energy Infrastructure Fund, Inc. (KYN). The investment by KYN helps position Ironwood III, an independent energy company, for success in the development, acquisition and management of oil and natural gas midstream infrastructure across North America.
Haynes Boone also represented Ironwood III in the concurrent acquisition of a strategic crude oil gathering system located in the Eagle Ford Shale, comprised of 50 miles of crude oil gathering pipelines with long-term, fee-based agreements for almost 50,000 dedicated acres.
The Haynes Boone deal team was led by Austin Elam, Matt Stewart, Chris Reagen and Reem Abdelrazik. The deal also included Associates Grant Armentor, Grace Kaplow and Colton Gregg, along with Counsel Danielle Marr on tax matters.
Haynes Boone’s market-leading Energy Practice Group consistently ranks among the most active legal advisors for U.S. deals in the energy industry. The group represents domestic and foreign public and private companies that conduct operations both internally and across the United States in the domestic resource plays and shale plays (including the Midland and Delaware Basins, Eagle Ford, Barnett, Haynesville, Wolfberry, Marcellus, Utica, Niobrara, Woodford and Bakken/Three Forks).
