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Vinson & Elkins advised Enbridge Inc. in its entry into a definitive agreement with WhiteWater/I Squared Capital and MPLX LP to form a joint-venture that will develop, construct, own, and operate natural gas pipeline and storage assets connecting Permian Basin natural gas supply to growing LNG and U.S. Gulf Coast demand.

Vinson & Elkins advised Kinetik Holdings Inc. in connection with an underwritten public offering of 13,079,871 shares of its Class A common stock by a selling stockholder at a price to the public of $33.75 per share.

Vinson & Elkins served as issuer’s counsel in connection with the offering of $400 million aggregate principal amount of senior secured notes due 2029 by Prairie Acquiror LP, which owns, directly or indirectly, 100% of the ownership interests in Tallgrass Energy Partners, LP.

Vinson & Elkins served as issuer’s counsel in connection with Tallgrass Energy Partners, LP and its subsidiary, Tallgrass Energy Finance Corp.’s offering of $800 million of 7.375% senior notes due 2029.

Vinson & Elkins served as issuer’s counsel in connection with Antero Midstream Corporation’s upsized private placement of $600 million in aggregate principal amount of 6.625% senior notes due 2032.

Vinson & Elkins advised the underwriters in connection with Enterprise Products Operating LLC’s public offering of $2.0 billion aggregate principal amount of notes comprised of (i) $1.0 billion principal amount of senior notes due January 11, 2027, and (ii) $1.0 billion principal amount of senior notes due January 31, 2034.

Vinson & Elkins served as issuer’s counsel in connection with Kinetik Holdings’ offering of $300 million sustainability-linked senior notes due 2028.

Vinson & Elkins advised CSI Compressco LP, a provider of compression services and equipment for natural gas and oil production, gathering, artificial lift, transmission, processing, and storage, in its entry into a definitive agreement under which Kodiak Gas Services, Inc. will acquire CSI Compressco in an all-equity transaction valued at approximately $854 million.

Vinson & Elkins advised Moda Midstream LLC (“Moda”) in connection with its entry into a definitive agreement with Exolum, a global leader in liquid product storage and logistics, pursuant to which Exolum will acquire 50% interest in Vopak Moda Houston LLC, an ammonia storage, import and export terminal located on the Houston Ship Channel, from Moda.

Vinson & Elkins served as issuer’s counsel in connection with Kinetik Holdings’ offering of $500 million sustainability-linked senior notes due 2028.

Vinson & Elkins advised HF Sinclair Corporation (the “Company”), Holly Energy Partners, L.P. (“HEP”) and Holly Energy Finance Corp. (together with HEP, the “HEP Issuers”) in connection with (i) private offers to exchange any and all outstanding (a) 6.375% Senior Notes due 2027 and (b) 5.000% Senior Notes due 2028 previously issued by the HEP Issuers (together, the “HEP Notes”) for new notes to be issued by the Company and cash and (ii) related consent solicitations to adopt certain proposed amendments to the indentures governing each series of the HEP Notes, commenced by the Company on October 30, 2023.

Vinson & Elkins LLP assisted Moss Lake Partners LP, a commodity infrastructure company focused on midstream logistics, in the (i) initial issuance of its convertible note to an industrials investor group, and (ii) structuring of preferred equity units, with the option for the initial purchaser to make additional investments in Moss Lake Partners and/or its affiliate in an amount up to $50 million.