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Cadeville Gas Storage LLC Closes $115 Million Financing

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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 ...


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