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NorthStar Midstream to Sell NorthStar Port Arthur Terminal

Vinson & Elkins advised Northstar Midstream, a portfolio company of funds managed by Oaktree Capital Management, L.P., in the sale of its Northstar Port Arthur Terminal to a subsidiary of Colonial Pipeline Company.

The terminal is a newly-constructed marine-export facility strategically located along the Port of Port Arthur in Port Arthur, TX with significant marine loading capabilities and pipeline connectivity to the Port Arthur refining complex.

The V&E corporate team was led by partner Shamus Crosby with assistance from associates Ali Choate, Aaron Carpenter and Jonathan Sapp.

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For more than 100 years, Vinson & Elkins has provided deep experience in handling transactions, investments, projects, and disputes worldwide. The firm is a trusted adviser to clients in the most important industrial and digital industries. Learn more by visiting www.velaw.com or follow us on Twitter @VinsonandElkins or connect with us on LinkedIn.

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