Nueva Era Pipeline

Overview:

• Nueva Era Pipeline
• The pipeline is 200 miles long and will run from Webb County in Texas to the state of Nuevo León, where Monterrey is located.
• The pipeline is a joint venture between Howard Midstream Energy Partners (HEP) and Grupo CLISA. Both joint venture parties acted as sponsors.  
• Sumitomo Mitsui Banking Corp, Caixa, and Société Générale granted a $353.3 million credit facility to finance the pipeline.
• Mitsubishi UFJ Financial Group and Santander Bank acted as lead arrangers. 

Rani Mehta - Journalist