Akin Gump Advises Tallgrass Energy GP in Acquisition, Evaluation of Tallgrass Energy Organizational Structure
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(Houston) – Tallgrass Energy GP, LP (“TEGP”) today announced that Tallgrass Equity, LLC, a subsidiary of TEGP, has acquired a 25.01 percent membership interest in Rockies Express Pipeline LLC and 5,619,218 TEP common units from Tallgrass Development, LP (“TD”) for equity interests in TEGP and Tallgrass Equity valued at approximately $644.8 million. A team from Akin Gump advised the conflicts committee of the board of directors of Tallgrass Energy GP in the transaction.
The Akin Gump team was led by oil and gas partner John Goodgame, and included associates Cynthia Angell and Savannah Raymond, and tax partner Alison Chen.
Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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