Press Release

Kirkland Counsels EIG on its $500 Million Equity Commitment to Rice Midstream Holdings

Kirkland & Ellis LLP advised EIG Global Energy Partners on its $500 million equity commitment, on behalf of EIG managed funds, to Rice Midstream Holdings LLC, a midstream-focused subsidiary of Rice Energy Inc. (NYSE: RICE) and the indirect owner of the general partner of Rice Midstream Partners LP (NYSE: RMP). Rice announced today the completion of an initial funding of $375 million of this investment. The full release is available here.
The Kirkland team was led by corporate partners Andy Calder and John Pitts; capital markets partner Matt Pacey; and debt finance partners Will Bos and Mary Kogut.