Wednesday, January 22, 2025

More PetroChem Plants: PetroLogistics II Formed with $500 Million Initial Commitment

Quantum Energy Partners and Stonecourt Capital LP have announced the formation of PetroLogistics II LLC, with founders David Lumpkins and Nathan Ticatch. PetroLogistics II, headquartered in Houston, Texas, plans to continue the strategy of its predecessor, PetroLogistics Company LLC. The newly formed company will acquire, develop and operate petrochemical manufacturing, processing and logistics assets in North America. Quantum, Stonecourt and

Quantum Energy Partners Invests $489 Million in FourPoint Energy

FourPoint Energy, LLC announced a new equity financing agreement and the closing of a strategic upstream and midstream acquisition in the Anadarko Basin. Quantum Energy Partners has agreed to invest $489 million in common equity in FourPoint, making it one of the largest unit holders. Existing equity holders have also invested an additional $36 million bringing the total of new