C reel advises Howard Midstream Energy Partners LLC in the Nueva Era pipeline project

CREEL, GARCÍA-CUÉLLAR, AIZA Y ENRÍQUEZ S.C.

Creel, García-Cuéllar, Aiza y Enríquez S.C., advises Howard Midstream Energy Partners LLC (HEP) in a US$353.3 million project financing for the construction of the Nueva Era pipeline project.

A 50-50 joint venture between HEP and Mexico-based energy and services firm Grupo CLISA.  The Nueva Era pipeline project will connect HEP’s existing Webb County Hub in South Texas directly to Monterrey, Nuevo León, Mexico.  The banks that provided financing for the Nueva Era project include MUFG, Santander, Societe Generale, SMBC and Caixa Bank.

Construction activities began earlier this year on the approximately 200-mile Nueva Era pipeline, which will provide seamless transportation services for approximately 600 cubic feet of natural gas per day, connecting producers in South Texas directly with end-users in northern Mexico. The project is expected to be completed and in service by the end of the year.

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