Sidley Austin represents Stonepeak Infrastructure Partners in an equity investment of up to $500 million in Sage Midstream Ventures, a new energy industry portfolio company based in Houston. Willkie Farr & Gallagher represents Sage.

On April 18, Sage announced that it has received a commitment for an equity investment of up to $500 million from Stonepeak, a private equity firm in New York focused on infrastructure investments in the energy, power and renewables, transportation, utilities, water and communications sectors, to pursue midstream acquisition and development in North America’s energy industry. Sage will look for acquisition and development opportunities in the hydrocarbon industry, focusing on transportation, processing, fractionation, storage and marketing services.

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