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The next big market: Emissions trading

The next big market: Emissions trading
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Third Coast Acquires Interest in Deepwater Perdido Platform from ArcLight

/PRNewswire/ -- Third Coast Super Holdings, LLC ("Third Coast") is pleased to announce that a subsidiary has successfully acquired an indirect 26.5%...

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Third Coast Acquires Interest in Deepwater Perdido Platform from ArcLight

Third Coast Acquires Interest in Deepwater Perdido Platform from ArcLight
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Festival talk series to tackle big green questions

Festival talk series to tackle big green questions
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Third Coast Midstream Announces Sale of its Final Non-Gulf Coast Related Assets

/PRNewswire/ -- Third Coast Midstream, LLC ("Third Coast Midstream") today announced that on June 1, 2021 one of its subsidiaries completed the sale of Third...

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Third Coast Midstream Completes Successful Debt Refinancing


Third Coast Midstream Completes Successful Debt Refinancing
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HOUSTON, Feb. 12, 2021 /PRNewswire/ -- Lighthouse Infrastructure, LLC ("Lighthouse"), a wholly owned subsidiary of Third Coast Midstream, LLC ("Third Coast"), has entered into a new five-year credit agreement consisting of a term loan facility in the initial aggregate principal amount of $490 million and a $60 million revolving credit facility ("Facility"). The proceeds of the Facility are being used to redeem the outstanding Third Coast 2021 notes, repay borrowings under Third Coast's prior credit facility, and for general Lighthouse corporate purposes. 
"Third Coast is extremely pleased to have completed its debt refinancing," said Matthew W. Rowland, President and Chief Executive Officer. "The new Facility extends our debt maturities, significantly lowers our interest expense, and provides ample access to liquidity. Third Coast's Gulf of Mexico midstream infrastructure business is well-positioned for growth and continued creation of value for its investors."

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