PE Firm, Construction Co. Launch $500M Midstream JV

Law360, New York (June 5, 2012, 5:57 PM EDT) -- Amid a domestic oil and gas boom, New York-based private equity firm Tiger Infrastructure Partners LP and Omaha, Neb.-based construction firm Kiewit Corp. have teamed up on a $500 million joint venture to invest in the midstream stage of gas and oil production, Tiger said Tuesday.

Updated technology has allowed domestic companies to find new reserves and tap into known ones previously too difficult to reach, particularly from shale formations in the southern and northeastern U.S. and Canada's oil sands. The midstream phase of production deals...
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