Kramer Levin Advises Midland Basin Partners in Strategic Financial Partnership with Orion Energy Partners

Kramer Levin represented Midland Basin Partners in the formation of a strategic financial partnership with Orion Energy Partners via a $75 million credit facility from Orion Energy. The funds will finance Midland Basin’s existing midstream platform focused on water infrastructure. The deal was announced on Jan. 3, 2018.

Midland Basin provides water sourcing, transportation and storage solutions to energy producers in the Permian Basin. Orion Energy provides capital solutions to middle market energy infrastructure businesses across North America and select international markets.

The Kramer Levin team advising Midland Basin on the transaction was led by Leveraged Finance partner Richard E. Farley and included associates Jenny R. Leon and Steve Ni.