Tallgrass Energy Partners Closes on the Acquisition of an Additional 33.3 Percent Interest in Pony Express
Tallgrass Energy Partners, LP (NYSE: TEP) (“TEP” or the “Partnership”) announced today that it has closed on the acquisition of an additional 33.3 percent interest in Tallgrass Pony Express Pipeline, LLC (“Pony Express”) for cash consideration of $700 million. The acquisition increases TEP’s membership interest in Pony Express to 66.7 percent. “We are excited to complete our third dropdown acquisition