Text Size:
A | A

Cadeville Gas Storage LLC Closes $115 Million Financing

Text Size: A | A
May 2, 2012

HOUSTON -- Cadeville Gas Storage LLC, subsidiary of Cardinal Gas Storage Partners LLC, announced today that on April 19, 2012 it closed the debt financing for the construction of a 17 MMDth depleted reservoir natural gas storage facility in Ouachita Parish, Louisiana near the Perryville/Delhi Hub in northeast Louisiana. SunTrust Robinson Humphrey, RBC Capital Markets, CIT Capital Securities, Deutsche Bank Trust Company Americas and Caterpillar Financial Services Corporation participated in the $115 million construction and term loan agreement. Cadeville previously executed a 10 year precedent agreement with a major integrated oil ...

Already a subscriber? Log In
Does your company have a site license? Inquire here
Already a print subscriber? Upgrade your magazine subscription