Recent Transactions

image39

Produced Water Transfer Closes $100 Million Strategic Partnership with Orion Energy Partners

 

PWT is a developer, owner and operator of a water gathering and disposal platform that transfers and disposes of produced and flowback water. Orion Energy provides creative capital solutions to middle market energy infrastructure businesses across North America and select international markets.  The senior secured credit facility from Orion Energy will provide PWT with capital to support the expansion of the Company’s existing water disposal network in Shelby County, Texas and to fund the acquisition of an existing water gathering and disposal system in DeSoto Parish, Louisiana in the heart of the Haynesville Shale.  Pritchard Griffin Advisors acted as exclusive financial placement agent in the transaction.  

Vivo Biosciences Acquired by LifeNet Health

 LifeNet Health has acquired the assets of Alabama-based biotechnology company Vivo Biosciences, Inc., as part of the organization’s growing emphasis on applying cell-based innovations to the process of pharmaceutical discovery and personalized medicine. Founded in Birmingham, Ala., in 2004, Vivo Biosciences was the first to develop “all-human” bioassay platforms for accelerating drug discovery, disease therapeutics and certain stem-cell applications. These discoveries rely on its patented HuBiogel® technology, which enables cells to mimic the 3-D biology and function of normal and diseased human tissues. Vivo Bioscience’s technologies facilitate rapid testing and analysis to predict efficacy, toxicity, and therapeutic response of a variety of drugs, including chemotherapy in cancer treatments.  Vivo was advised by Pritchard Griffin Advisors, a Houston-based investment banking firm.   

National Energy Partners Closes Ramapo Construction Funding

 National Energy Partners, LLC (“NEP”), a Mount Laurel, NJ-based renewable energy company, has closed on a $17 million construction loan provided by MMA Energy Capital of Baltimore. The funding will be used for the construction of a 5.1 megawatt solar facility on the campus of Ramapo College in Mahwah, NJ. NEP will construct and operate at its expense the photovoltaic system, and sell back to the College electricity generated at the initial rate of $.105/kWh, resulting in a significant long-term net savings. The construction will commence in November and is scheduled to be complete by Summer of 2017. With projects commissioned from Hawaii to Massachusetts, NEP is one of the country’s leading developers of photovoltaic solar electoral systems.  NEP was advised by Pritchard Griffin Advisors, a Houston-based investment banking firm.   Pritchard Griffin Advisors was founded to serve the unique investment banking needs of the energy sector - upstream, mid-stream, downstream- as well as renewables.    

Focus Deal Currently Marketing

 

POINTE LNG (“PLNG”) is developing an LNG export facility to cost-effectively produce 4-8 MTPA of LNG. The PLNG location is the best site for an LNG export facility in North America offering:


• Deep-water access to the Gulf of Mexico on the Mississippi River with 65’ water depth for the dock. 

• Two large natural gas interstate pipelines within 3 miles of the site providing sufficient natural gas (excess2 Bcf/d) for full facility needs are available now.

• All FERC environmental filings were previously completed in 2015 with positive comments from regulators.This site was under development by Louisiana LNG, (subsequently Parallax/Cheniere). The full prior filing including positive environmental assessments, soil testing data and engineered drawings by Bechtel/Chart for the 5.8 MTPA facility are available for immediate review on the FERC website under Docket PF14-17

• A clear and predicable path through new FERC filings and approval is highly likely.


POINTE LNG is seeking investment up to $50 million for the development of this Project

Other Transactions in the Market

 

>$50mm Debt and Equity Capital Raise for ArkLaTex Oil and Gas Producer


>$30mm Debt Financing for CNG Producer


>$10mm Capital Raise for East Texas Oil and Gas Development Project


>Senior Debt-Revolver-Equipment Finance for Northeast-Based Oilfield Services Company

To Request Updated Teaser and NDA