A US bankruptcy court approved the sale of two Southcross Energy Partners LP pipeline systems as the company aims to reorganize around its Eagle Ford gathering and processing operations. The Dallas-based company filed for Chapter 11 bankruptcy in April. Kinder Morgan Tejas Pipeline will pay $76 million for Southcross’ gas pipeline network in Corpus Christi, Texas, and Magnolia Infrastructure Holdings, an affiliate of ArcLight Capital Partners, will pay $31.5 million for pipelines and related......
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