Triloma EIG Energy Income Funds Invest in ARB Midstream

Triloma EIG Energy Income Fund and Triloma EIG Energy Income Fund – Term I, two unlisted investment companies that focus on privately originated energy company and project debt, are investing in a senior secured first lien note issued by ARB Midstream LLC for up to $110 million.

ARB Midstream is a private company headquartered in Denver, Colorado providing midstream and marketing services for crude oil, liquid petroleum gas, and refined products with a majority interest in the Platte River Gathering System located in Weld County, Colorado.

The transaction was negotiated and structured by EIG on behalf of its managed investment vehicles and the funds. The floating rate note matures in four years and is secured by all assets of the issuer, as well as a pledge of the common equity of the issuer and of each of its operating subsidiaries.

“ARB is our first privately originated midstream investment. This strategic investment further diversifies our portfolio and provides our investors access to critical midstream infrastructure in the region,” said Jeff Karansky, Triloma Energy Advisors’ portfolio manager.

In other Triloma news, the funds recently invested an undisclosed sum in a senior secured second lien note issued by Aethon United BR LP, a portfolio of oil and gas assets in East Texas and North Louisiana. The floating rate note matures in six years and is secured by mortgages on the proven reserves in addition to other assets.

Triloma EIG Energy Income Fund and Triloma EIG Energy Income Fund – Term I are managed by Triloma Energy Advisors and EIG Credit Management Company, wholly owned subsidiaries of Triloma Financial Group and EIG Global Energy Partners, respectively.

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