The Crosstex Energy companies, Crosstex Energy L.P. (XTEX) and Crosstex Energy Inc. (XTXI) announced that the partnership has completed its funding for its previously announced strategic growth initiatives – phase I of the Cajun-Sibon natural gas liquids pipeline expansion, phase II of the Riverside crude project and its Ohio River Valley business expansion.

Also, Crosstex Energy GP LLC, the general partner of the partnership has amended the partnership’s agreement of limited partnership. The amendment modifies the terms of the series A convertible preferred units held by funds managed by GSO ...