Stinson Morrison Hecker LLP is representing Tallgrass Energy Partners, LP (Tallgrass) in its purchase and sale agreements with Kinder Morgan Energy Partners, L.P. to buy Kinder Morgan Interstate Gas Transmission, Trailblazer Pipeline Company, the Casper-Douglas natural gas processing and West Frenchie Draw treating facilities in Wyoming, and KMP’s 50 percent interest in the Rockies Express Pipeline (REX). Tallgrass will acquire these assets for a total cash consideration of approximately $1.8 billion. Including the proportionate amount of REX debt, this amount is equivalent to a value of $3.3 billion.
The transaction, which is subject to Federal Trade Commission approval, is expected to close in the fourth quarter of 2012.
Stinson attorneys involved in this transaction include Patrick Respeliers, Scot Hill, Jennifer Moyer, Mark Hargrave, Steve Hamilton, Kyle Foote, Phil McKnight, Ben Hobert, Tim Feathers, Sam Wilkerson and Mike Winkler.
Stinson Morrison Hecker LLP is one of the country’s largest law firms with more than 300 attorneys representing clients nationwide in a full range of corporate, transaction and litigation matters. With attorneys in eight offices throughout five states, the firm has experience in more than 45 industry-focused areas. Office locations include Kansas City, St. Louis and Jefferson City, Mo.; Overland Park and Wichita, Kan.; Omaha, Neb.; Phoenix, Ariz.; and Washington, D.C.