Vinson Helps GE Jump In With Howard Energy Consortium

Law360, New York (March 15, 2012, 3:54 PM EDT) -- A General Electric Co. unit has entered into a consortium with several gas companies that will pump more than $174.5 million into pipeline operator Howard Energy Partners to help it acquire Meritage Midstream Services' Eagle Ford assets, the company announced Thursday.

In return for its investment, GE Energy Financial Services is taking a 30.6 percent stake in Howard Energy and expanding its reach into the booming Texas shale market, it said.

Howard Energy has also lined up three gas companies — Crosstex Energy LP, Quanta Services...
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