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Redwood Midstream Gets Equity Commitment

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February 20, 2014

Private-equity firm Five Point Capital Partners LLC funded Redwood Midstream Partners LLC with a $75 million equity commitment, Five Point said Feb. 19.

Redwood will focus the fund on developing and expanding infrastructure for oil and natural gas producers working in shale, Five Point said.

Marty Patterson, president of Redwood, said, "I am excited to partner with a great team of midstream investors who truly understand the energy infrastructure space, its changing landscape and the opportunity to provide producers with timely solutions and competitive economics."

"Redwood will develop service oriented ...

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