|  Clifton Linton

Blackline Partners & TPG Sixth Street Partners Create JV -- Blackline Midstream; Then Buys Sea-3 Inc. and Its Newington Propane Terminal

Blackline Partners LLC and TPG Sixth Street Partners announced, this week, the formation of Blackline Midstream, a growth oriented joint venture with the purpose of acquiring and developing oil and gas midstream infrastructure assets.

In conjunction with the joint venture formation, Blackline Midstream has acquired SEA-3, Inc., owner of the propane storage and distribution terminal located in Newington, New Hampshire from Trammo, Inc. Trammo’s Houston, Texas team, previously devoted to Sea-3, has joined Blackline Midstream and will operate from the Blackline Midstream office in Houston, Texas. In addition, all of SEA-3’s New Hampshire based terminal operating personnel will remain...

Please log in or register for a free account to view the rest of this post.