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Navitas Midstream Partners Receives $500 Million In Equity

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June 10, 2014

Navitas Midstream Partners LLC received a line of equity of up to $500 million from an affiliate of private-equity firm Warburg Pincus LLC, the company said June 5.

Members of Navitas’ management and others joined the firm in the investment, the company said, noting that the firm will lead the investment.

R. Bruce Northcutt, the leader of Navitas, said, “We are delighted to have the support of Warburg Pincus to assist us in developing and growing the business. The firm’s deep industry experience and patient capital provides us with a ...

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