Houston-based Vinson & Elkins recently advised Rice Energy Inc. in a completed $375 million equity investment by EIG Global Energy Partners, on behalf of EIG managed funds, into Rice Midstream Holdings (RMH) in exchange for $375 million of Series B Units in RMH and common units.
This investment represents an 8.25 percent limited partner interest in Rice Midstream GP Holdings, a newly-formed subsidiary of RMH that holds all of the common units, subordinated units and incentive distribution rights in Rice Midstream Partners that were previously held by RMH.
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