Milbank LLP represented FIC Partners Management, LP, an investment firm focused on critical infrastructure assets across the energy and power use value chains, in connection with its investment in WhiteWater’s Solitude Pipeline System joint venture alongside I Squared Capital.
The Solitude Pipeline System is a joint venture between WhiteWater, Devon Energy Corporation (NYSE: DVN), MPLX LP (NYSE: MPLX), Diamondback Energy, Inc. (NASDAQ: FANG) and Western Midstream Partners, LP (NYSE: WES). Solitude will deliver scalable, long-haul natural gas transportation to support Permian Basin growth and expanding Gulf Coast consumption. Solitude is expected to enter service in the second half of 2029, subject to receipt of customary regulatory and other approvals.
The Milbank team was led by Global Corporate/M&A partner Aaron Stine with associates Charlie Rosenthal and Abigail King.
