Energy Capital Partners Funds Recapitalization Of Chieftain Sand
August 15, 2012
Energy Capital Partners announced the completion of a recapitalization of Chieftain Sand and Proppant, LLC on July 25, 2012. This is the first investment from Energy Capital's Mezzanine Opportunities Fund.
Chieftain Sand chose to partner with Energy Capital because of ECP's energy investing experience and flexibility in tailoring a capital structure to allow Chieftain Sand to execute its strategic growth plan.
Chieftain Sand owns and operates two frac sand production plants in Wisconsin and Arkansas. The Company recently commissioned its new production facility in western Wisconsin where the geologic resource ...
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