Filing Details
- Accession Number:
- 0001140361-24-001795
- Form Type:
- 13D Filing
- Publication Date:
- 2024-01-10 19:00:00
- Filed By:
- Stonepeak Catarina Holdings Llc
- Company:
- Evolve Transition Infrastructure Lp (NYSEMKT:SNMP)
- Filing Date:
- 2024-01-11
- SEC Url:
- 13D Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
SP COMMON EQUITY SUBSIDIARY | 0 | 6,524,812 | 0 | 6,524,812 | 6,524,812 | 78.0% |
SP PREFERRED EQUITY SUBSIDIARY | 0 | 300,000 | 0 | 300,000 | 300,000 | 3.6% |
EVOLVE TRANSITION INFRASTRUCTURE GP | 0 | 8,361,032 | 0 | 8,361,032 | 8,361,032 | 100.0% |
SP HOLDINGS | 0 | 8,361,032 | 0 | 8,361,032 | 8,361,032 | 100.0% |
STONEPEAK CATARINA HOLDINGS | 0 | 9,261,608 | 0 | 9,261,608 | 9,261,608 | 100.0% |
STONEPEAK TEXAS MIDSTREAM HOLDCO | 0 | 9,261,608 | 0 | 9,261,608 | 9,261,608 | 100.0% |
STONEPEAK CATARINA UPPER HOLDINGS | 0 | 9,261,608 | 0 | 9,261,608 | 9,261,608 | 100.0% |
STONEPEAK INFRASTRUCTURE FUND (ORION AIV) | 0 | 9,261,608 | 0 | 9,261,608 | 9,261,608 | 100.0% |
STONEPEAK ASSOCIATES | 0 | 9,261,608 | 0 | 9,261,608 | 9,261,608 | 100.0% |
STONEPEAK GP HOLDINGS | 0 | 9,261,608 | 0 | 9,261,608 | 9,261,608 | 100.0% |
STONEPEAK GP INVESTORS | 0 | 9,261,608 | 0 | 9,261,608 | 9,261,608 | 100.0% |
STONEPEAK GP INVESTORS HOLDINGS | 0 | 9,261,608 | 0 | 9,261,608 | 9,261,608 | 100.0% |
STONEPEAK GP INVESTORS UPPER HOLDINGS | 0 | 9,261,608 | 0 | 9,261,608 | 9,261,608 | 100.0% |
STONEPEAK GP INVESTORS HOLDINGS MANAGER | 0 | 9,261,608 | 0 | 9,261,608 | 9,261,608 | 100.0% |
MICHAEL DORRELL | 0 | 9,261,608 | 0 | 9,261,608 | 9,261,608 | 100.0% |
Filing
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 19)*
Evolve Transition Infrastructure LP
(Name of Issuer)
COMMON UNITS
(Title of Class of Securities)
30053M203
(CUSIP Number)
Adrienne Saunders
General Counsel
c/o Stonepeak Infrastructure Partners
55 Hudson Yards
550 W. 34th St., 48th Floor
New York, NY 10001
212-907-5100
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
January 8, 2024
(Date of Event which Requires Filing of this Statement)
If the filing persons has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e),
240.13d-1(f) or 240.13d-1(g), check the following box. ☐
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing
information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the
liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP NO. 30053M203 | Page 2 of 30 Pages |
1 | NAMES OF REPORTING PERSONS | | | ||
SP COMMON EQUITY SUBSIDIARY LLC | | | |||
| | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) | ☐ | ||
(b) | ☐ | ||||
| | ||||
3 | SEC USE ONLY | | | ||
| | | |||
| | ||||
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) | | | ||
OO | | | |||
| | ||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) | | ☐ | ||
| | ||||
| | ||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
Delaware | | | |||
| | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER | | | |
0 | | | |||
| | ||||
8 | SHARED VOTING POWER | | | ||
6,524,812 | | | |||
| | ||||
9 | SOLE DISPOSITIVE POWER | | | ||
0 | | | |||
| | ||||
10 | SHARED DISPOSITIVE POWER | | | ||
6,524,812 | | | |||
| | ||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
6,524,812 | | | |||
| | ||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | ☐ | ||
| | ||||
| | ||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | ||
78.0% | | | |||
| | ||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
OO | | | |||
| |
CUSIP NO. 30053M203 | Page 3 of 30 Pages |
1 | NAMES OF REPORTING PERSONS | | | ||
SP PREFERRED EQUITY SUBSIDIARY LLC | | | |||
| | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) | ☐ | ||
(b) | ☐ | ||||
| | ||||
3 | SEC USE ONLY | | | ||
| | | |||
| | ||||
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) | | | ||
OO | | | |||
| | ||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) | | ☐ | ||
| | ||||
| | ||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
Delaware | | | |||
| | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER | | | |
0 | | | |||
| | ||||
8 | SHARED VOTING POWER | | | ||
300,000 | | | |||
| | ||||
9 | SOLE DISPOSITIVE POWER | | | ||
0 | | | |||
| | ||||
10 | SHARED DISPOSITIVE POWER | | | ||
300,000 | | | |||
| | ||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
300,000 | | | |||
| | ||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | ☐ | ||
| | ||||
| | ||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | ||
3.6% | | | |||
| | ||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
OO | | | |||
| |
CUSIP NO. 30053M203 | Page 4 of 30 Pages |
1 | NAMES OF REPORTING PERSONS | | | ||
EVOLVE TRANSITION INFRASTRUCTURE GP LLC | | | |||
| | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) | ☐ | ||
(b) | ☐ | ||||
| | ||||
3 | SEC USE ONLY | | | ||
| | | |||
| | ||||
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) | | | ||
OO | | | |||
| | ||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) | | ☐ | ||
| | ||||
| | ||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
Delaware | | | |||
| | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER | | | |
0 | | | |||
| | ||||
8 | SHARED VOTING POWER | | | ||
8,361,032 (1) | | | |||
| | ||||
9 | SOLE DISPOSITIVE POWER | | | ||
0 | | | |||
| | ||||
10 | SHARED DISPOSITIVE POWER | | | ||
8,361,032 (1) | | | |||
| | ||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
8,361,032 (1) | | | |||
| | ||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | ☐ | ||
| | ||||
| | ||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | ||
100.0% | | | |||
| | ||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
OO, HC | | | |||
| |
1. This amount includes 1,536,220 Common Units that the Reporting Person is purchasing pursuant to its exercise of the Limited Call Right (as defined herein).
CUSIP NO. 30053M203 | Page 5 of 30 Pages |
1 | NAMES OF REPORTING PERSONS | | | ||
SP HOLDINGS, LLC | | | |||
| | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) | ☐ | ||
(b) | ☐ | ||||
| | ||||
3 | SEC USE ONLY | | | ||
| | | |||
| | ||||
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) | | | ||
OO | | | |||
| | ||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) | | ☐ | ||
| | ||||
| | ||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
Texas | | | |||
| | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER | | | |
0 | | | |||
| | ||||
8 | SHARED VOTING POWER | | | ||
8,361,032 (1) | | | |||
| | ||||
9 | SOLE DISPOSITIVE POWER | | | ||
0 | | | |||
| | ||||
10 | SHARED DISPOSITIVE POWER | | | ||
8,361,032 (1) | | | |||
| | ||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
8,361,032 (1) | | | |||
| | ||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | ☐ | ||
| | ||||
| | ||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | ||
100.0% | | | |||
| | ||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
OO, HC | | | |||
| |
1. This amount includes 1,536,220 Common Units that the General Partner (as defined herein) is purchasing pursuant to its exercise of the Limited Call Right.
CUSIP NO. 30053M203 | Page 6 of 30 Pages |
1 | NAMES OF REPORTING PERSONS | | | ||
STONEPEAK CATARINA HOLDINGS LLC | | | |||
| | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) | ☐ | ||
(b) | ☐ | ||||
| | ||||
3 | SEC USE ONLY | | | ||
| | | |||
| | ||||
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) | | | ||
WC | | | |||
| | ||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) | | ☐ | ||
| | ||||
| | ||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
Delaware | | | |||
| | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER | | | |
0 | | | |||
| | ||||
8 | SHARED VOTING POWER | | | ||
9,261,608 (1) | | | |||
| | ||||
9 | SOLE DISPOSITIVE POWER | | | ||
0 | | | |||
| | ||||
10 | SHARED DISPOSITIVE POWER | | | ||
9,261,608 (1) | | | |||
| | ||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
9,261,608 (1) | | | |||
| | ||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | ☐ | ||
| | ||||
| | ||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | ||
100.0% | | | |||
| | ||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
OO, HC | | | |||
| |
1. This amount includes (1) approximately 900,576 Common Units that the Reporting Person currently has the right to acquire upon exercise of the Warrant, as adjusted for the Reverse Split (as defined herein) effective
July 18, 2023 and (2) 1,536,220 Common Units that the General Partner is purchasing pursuant to its exercise of the Limited Call Right.
CUSIP NO. 30053M203 | Page 7 of 30 Pages |
1 | NAMES OF REPORTING PERSONS | | | ||
STONEPEAK TEXAS MIDSTREAM HOLDCO LLC | | | |||
| | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) | ☐ | ||
(b) | ☐ | ||||
| | ||||
3 | SEC USE ONLY | | | ||
| | | |||
| | ||||
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) | | | ||
AF | | | |||
| | ||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) | | ☐ | ||
| | ||||
| | ||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
Delaware | | | |||
| | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER | | | |
0 | | | |||
| | ||||
8 | SHARED VOTING POWER | | | ||
9,261,608 (1) | | | |||
| | ||||
9 | SOLE DISPOSITIVE POWER | | | ||
0 | | | |||
| | ||||
10 | SHARED DISPOSITIVE POWER | | | ||
9,261,608 (1) | | | |||
| | ||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
9,261,608 (1) | | | |||
| | ||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | ☐ | ||
| | ||||
| | ||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | ||
100.0% | | | |||
| | ||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
OO, HC | | | |||
| |
1. This amount includes (1) approximately 900,576 Common Units that the Reporting Person currently has the right to acquire upon exercise of the Warrant, as adjusted for the Reverse Split effective July 18, 2023 and (2)
1,536,220 Common Units that the General Partner is purchasing pursuant to its exercise of the Limited Call Right.
CUSIP NO. 30053M203 | Page 8 of 30 Pages |
1 | NAMES OF REPORTING PERSONS | | | ||
STONEPEAK CATARINA UPPER HOLDINGS LLC | | | |||
| | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) | ☐ | ||
(b) | ☐ | ||||
| | ||||
3 | SEC USE ONLY | | | ||
| | | |||
| | ||||
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) | | | ||
AF | | | |||
| | ||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) | | ☐ | ||
| | ||||
| | ||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
Delaware | | | |||
| | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER | | | |
0 | | | |||
| | ||||
8 | SHARED VOTING POWER | | | ||
9,261,608 (1) | | | |||
| | ||||
9 | SOLE DISPOSITIVE POWER | | | ||
0 | | | |||
| | ||||
10 | SHARED DISPOSITIVE POWER | | | ||
9,261,608 (1) | | | |||
| | ||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
9,261,608 (1) | | | |||
| | ||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | ☐ | ||
| | ||||
| | ||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | ||
100.0% | | | |||
| | ||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
OO, HC | | | |||
| |
1. This amount includes (1) approximately 900,576 Common Units that the Reporting Person currently has the right to acquire upon exercise of the Warrant, as adjusted for the Reverse Split effective July 18, 2023 and (2)
1,536,220 Common Units that the General Partner is purchasing pursuant to its exercise of the Limited Call Right.
CUSIP NO. 30053M203 | Page 9 of 30 Pages |
1 | NAMES OF REPORTING PERSONS | | | ||
STONEPEAK INFRASTRUCTURE FUND (ORION AIV) LP | | | |||
| | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) | ☐ | ||
(b) | ☐ | ||||
| | ||||
3 | SEC USE ONLY | | | ||
| | | |||
| | ||||
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) | | | ||
AF | | | |||
| | ||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) | | ☐ | ||
| | ||||
| | ||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
Delaware | | | |||
| | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER | | | |
0 | | | |||
| | ||||
8 | SHARED VOTING POWER | | | ||
9,261,608 (1) | | | |||
| | ||||
9 | SOLE DISPOSITIVE POWER | | | ||
0 | | | |||
| | ||||
10 | SHARED DISPOSITIVE POWER | | | ||
9,261,608 (1) | | | |||
| | ||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
9,261,608 (1) | | | |||
| | ||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | ☐ | ||
| | ||||
| | ||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | ||
100.0% | | | |||
| | ||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
PN, HC | | | |||
| |
1. This amount includes (1) approximately 900,576 Common Units that the Reporting Person currently has the right to acquire upon exercise of the Warrant, as adjusted for the Reverse Split effective July 18, 2023 and (2)
1,536,220 Common Units that the General Partner is purchasing pursuant to its exercise of the Limited Call Right.
CUSIP NO. 30053M203 | Page 10 of 30 Pages |
1 | NAMES OF REPORTING PERSONS | | | ||
STONEPEAK ASSOCIATES LLC | | | |||
| | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) | ☐ | ||
(b) | ☐ | ||||
| | ||||
3 | SEC USE ONLY | | | ||
| | | |||
| | ||||
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) | | | ||
AF | | | |||
| | ||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) | | ☐ | ||
| | ||||
| | ||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
Delaware | | | |||
| | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER | | | |
0 | | | |||
| | ||||
8 | SHARED VOTING POWER | | | ||
9,261,608 (1) | | | |||
| | ||||
9 | SOLE DISPOSITIVE POWER | | | ||
0 | | | |||
| | ||||
10 | SHARED DISPOSITIVE POWER | | | ||
9,261,608 (1) | | | |||
| | ||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
9,261,608 (1) | | | |||
| | ||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | ☐ | ||
| | ||||
| | ||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | ||
100.0% | | | |||
| | ||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
OO, HC | | | |||
| |
1. This amount includes (1) approximately 900,576 Common Units that the Reporting Person currently has the right to acquire upon exercise of the Warrant, as adjusted for the Reverse Split effective July 18, 2023 and (2)
1,536,220 Common Units that the General Partner is purchasing pursuant to its exercise of the Limited Call Right.
CUSIP NO. 30053M203 | Page 11 of 30 Pages |
1 | NAMES OF REPORTING PERSONS | | | ||
STONEPEAK GP HOLDINGS LP | | | |||
| | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) | ☐ | ||
(b) | ☐ | ||||
| | ||||
3 | SEC USE ONLY | | | ||
| | | |||
| | ||||
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) | | | ||
AF | | | |||
| | ||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) | | ☐ | ||
| | ||||
| | ||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
Delaware | | | |||
| | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER | | | |
0 | | | |||
| | ||||
8 | SHARED VOTING POWER | | | ||
9,261,608 (1) | | | |||
| | ||||
9 | SOLE DISPOSITIVE POWER | | | ||
0 | | | |||
| | ||||
10 | SHARED DISPOSITIVE POWER | | | ||
9,261,608 (1) | | | |||
| | ||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
9,261,608 (1) | | | |||
| | ||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | ☐ | ||
| | ||||
| | ||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | ||
100.0% | | | |||
| | ||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
PN, HC | | | |||
| |
1. This amount includes (1) approximately 900,576 Common Units that the Reporting Person currently has the right to acquire upon exercise of the Warrant, as adjusted for the Reverse Split effective July 18, 2023 and (2)
1,536,220 Common Units that the General Partner is purchasing pursuant to its exercise of the Limited Call Right.
CUSIP NO. 30053M203 | Page 12 of 30 Pages |
1 | NAMES OF REPORTING PERSONS | | | ||
STONEPEAK GP INVESTORS LLC | | | |||
| | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) | ☐ | ||
(b) | ☐ | ||||
| | ||||
3 | SEC USE ONLY | | | ||
| | | |||
| | ||||
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) | | | ||
AF | | | |||
| | ||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) | | ☐ | ||
| | ||||
| | ||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
Delaware | | | |||
| | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER | | | |
0 | | | |||
| | ||||
8 | SHARED VOTING POWER | | | ||
9,261,608 (1) | | | |||
| | ||||
9 | SOLE DISPOSITIVE POWER | | | ||
0 | | | |||
| | ||||
10 | SHARED DISPOSITIVE POWER | | | ||
9,261,608 (1) | | | |||
| | ||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
9,261,608 (1) | | | |||
| | ||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | ☐ | ||
| | ||||
| | ||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | ||
100.0% | | | |||
| | ||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
OO, HC | | | |||
| |
1. This amount includes (1) approximately 900,576 Common Units that the Reporting Person currently has the right to acquire upon exercise of the Warrant, as adjusted for the Reverse Split effective July 18, 2023 and (2)
1,536,220 Common Units that the General Partner is purchasing pursuant to its exercise of the Limited Call Right.
CUSIP NO. 30053M203 | Page 13 of 30 Pages |
1 | NAMES OF REPORTING PERSONS | | | ||
STONEPEAK GP INVESTORS HOLDINGS LP | | | |||
| | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) | ☐ | ||
(b) | ☐ | ||||
| | ||||
3 | SEC USE ONLY | | | ||
| | | |||
| | ||||
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) | | | ||
AF | | | |||
| | ||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) | | ☐ | ||
| | ||||
| | ||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
Delaware | | | |||
| | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER | | | |
0 | | | |||
| | ||||
8 | SHARED VOTING POWER | | | ||
9,261,608 (1) | | | |||
| | ||||
9 | SOLE DISPOSITIVE POWER | | | ||
0 | | | |||
| | ||||
10 | SHARED DISPOSITIVE POWER | | | ||
9,261,608 (1) | | | |||
| | ||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
9,261,608 (1) | | | |||
| | ||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | ☐ | ||
| | ||||
| | ||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | ||
100.0% | | | |||
| | ||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
PN, HC | | | |||
| |
1. This amount includes (1) approximately 900,576 Common Units that the Reporting Person currently has the right to acquire upon exercise of the Warrant, as adjusted for the Reverse Split effective July 18, 2023 and (2) 1,536,220 Common Units
that the General Partner is purchasing pursuant to its exercise of the Limited Call Right.
CUSIP NO. 30053M203 | Page 14 of 30 Pages |
1 | NAMES OF REPORTING PERSONS | | | ||
STONEPEAK GP INVESTORS UPPER HOLDINGS LP | | | |||
| | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) | ☐ | ||
(b) | ☐ | ||||
| | ||||
3 | SEC USE ONLY | | | ||
| | | |||
| | ||||
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) | | | ||
AF | | | |||
| | ||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) | | ☐ | ||
| | ||||
| | ||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
Delaware | | | |||
| | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER | | | |
0 | | | |||
| | ||||
8 | SHARED VOTING POWER | | | ||
9,261,608 (1) | | | |||
| | ||||
9 | SOLE DISPOSITIVE POWER | | | ||
0 | | | |||
| | ||||
10 | SHARED DISPOSITIVE POWER | | | ||
9,261,608 (1) | | | |||
| | ||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
9,261,608 (1) | | | |||
| | ||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | ☐ | ||
| | ||||
| | ||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | ||
100.0% | | | |||
| | ||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
PN, HC | | | |||
| |
1. This amount includes (1) approximately 900,576 Common Units that the Reporting Person currently has the right to acquire upon exercise of the Warrant, as adjusted for the Reverse Split effective July 18, 2023 and (2)
1,536,220 Common Units that the General Partner is purchasing pursuant to its exercise of the Limited Call Right.
CUSIP NO. 30053M203 | Page 15 of 30 Pages |
1 | NAMES OF REPORTING PERSONS | | | ||
STONEPEAK GP INVESTORS HOLDINGS MANAGER LLC | | | |||
| | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) | ☐ | ||
(b) | ☐ | ||||
| | ||||
3 | SEC USE ONLY | | | ||
| | | |||
| | ||||
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) | | | ||
AF | | | |||
| | ||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) | | ☐ | ||
| | ||||
| | ||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
Delaware | | | |||
| | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER | | | |
0 | | | |||
| | ||||
8 | SHARED VOTING POWER | | | ||
9,261,608 (1) | | | |||
| | ||||
9 | SOLE DISPOSITIVE POWER | | | ||
0 | | | |||
| | ||||
10 | SHARED DISPOSITIVE POWER | | | ||
9,261,608 (1) | | | |||
| | ||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
9,261,608 (1) | | | |||
| | ||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | ☐ | ||
| | ||||
| | ||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | ||
100.0% | | | |||
| | ||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
OO, HC | | | |||
| |
1. This amount includes (1) approximately 900,576 Common Units that the Reporting Person currently has the right to acquire upon exercise of the Warrant, as adjusted for the Reverse Split effective July 18, 2023 and (2)
1,536,220 Common Units that the General Partner is purchasing pursuant to its exercise of the Limited Call Right.
CUSIP NO. 30053M203 | Page 16 of 30 Pages |
1 | NAMES OF REPORTING PERSONS | | | ||
MICHAEL DORRELL | | | |||
| | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) | ☐ | ||
(b) | ☐ | ||||
| | ||||
3 | SEC USE ONLY | | | ||
| | | |||
| | ||||
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) | | | ||
WC | | | |||
| | ||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) | | ☐ | ||
| | ||||
| | ||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
United States of America | | | |||
| | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER | | | |
0 | | | |||
| | ||||
8 | SHARED VOTING POWER | | | ||
9,261,608 (1) | | | |||
| | ||||
9 | SOLE DISPOSITIVE POWER | | | ||
0 | | | |||
| | ||||
10 | SHARED DISPOSITIVE POWER | | | ||
9,261,608 (1) | | | |||
| | ||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
9,261,608 (1) | | | |||
| | ||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | ☐ | ||
| | ||||
| | ||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | ||
100.0% | | | |||
| | ||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
IN, HC | | | |||
| |
1. This amount includes (1) approximately 900,576 Common Units that the Reporting Person currently has the right to acquire upon exercise of the Warrant, as adjusted for the Reverse Split effective July 18, 2023 and (2)
1,536,220 Common Units that the General Partner is purchasing pursuant to its exercise of the Limited Call Right.
CUSIP NO. 30053M203 | Page 17 of 30 Pages |
Item 1. | Security and Issuer |
Item 1 of the Schedule 13D is hereby amended by adding the following:
This Amendment No. 19 to Schedule 13D (“Amendment No. 19”) is being filed by the undersigned, pursuant to §240.13d-2(a), with respect to the Common Units (the “Common Units”) of
Evolve Transition Infrastructure LP (the “Issuer” or the “Partnership”) that the Reporting Persons are deemed to beneficially own. The Issuer’s principal executive offices are located at 1360 Post Oak Blvd, Suite 2400, Houston, TX, 77056. This
Amendment No. 19 amends and supplements the statement on the Schedule 13D filed with the Securities and Exchange Commission (the “SEC”) on October 26, 2015, as amended by Amendment No. 1, filed with the SEC on January 27, 2017, Amendment No. 2,
filed with the SEC on February 22, 2017, Amendment No. 3, filed with the SEC on May 31, 2017, Amendment No. 4 filed with the SEC on February 4, 2019, Amendment No. 5, filed with the SEC on August 6, 2019, Amendment No. 6, filed with the SEC on
September 4, 2020, Amendment No. 7, filed with the SEC on September 9, 2020, Amendment No. 8, filed with the SEC on October 5, 2020, Amendment No. 9, filed with the SEC on November 18, 2020, Amendment No. 10, filed with the SEC on February 1, 2021,
Amendment No. 11, filed with the SEC on May 4, 2021, Amendment No. 12, filed with the SEC on August 3, 2021, Amendment No. 13, filed with the SEC on November 2, 2021, Amendment No. 14, filed with the SEC on February 2, 2022, Amendment No. 15, filed
with the SEC on May 3, 2022, Amendment No. 16, filed with the SEC on August 2, 2022, Amendment No. 17, filed with the SEC on November 22, 2022, and Amendment No. 18, filed with the SEC on May 8, 2023 (collectively the “Schedule 13D”). Except as
specifically provided herein, this Amendment No. 19 does not modify any of the information previously reported in the Schedule 13D. Capitalized terms used herein and not otherwise defined in this Amendment No. 19 have the meanings set forth in the
Schedule 13D.
Item 2. | Identity and Background |
Item 2 of the Schedule 13D is hereby amended by adding the following:
(a-c, f) This Schedule 13D is filed on behalf of each of the following (the “Reporting Persons”): (i) SP Common Equity Subsidiary LLC, a Delaware limited liability company (“SPCE
Sub”), (ii) SP Preferred Equity Subsidiary LLC, a Delaware limited liability company (“SPPE Sub”); (iii) Evolve Transition Infrastructure GP LLC (f/k/a Sanchez Midstream Partners GP LLC), a Delaware limited liability company (the “General
Partner”); (iv) SP Holdings, LLC, a Texas limited liability company; (v) Stonepeak Catarina Holdings LLC, a Delaware limited liability company (“Stonepeak Catarina”); (vi) Stonepeak Texas Midstream Holdco LLC, a Delaware limited liability company;
(vii) Stonepeak Catarina Upper Holdings LLC, a Delaware limited liability company; (viii) Stonepeak Infrastructure Fund (Orion AIV) LP, a Delaware limited partnership; (ix) Stonepeak Associates LLC, a Delaware limited liability company; (x)
Stonepeak GP Holdings LP, a Delaware limited partnership; (xi) Stonepeak GP Investors LLC, a Delaware limited liability company; (xii) Stonepeak GP Investors Holdings LP, a Delaware limited partnership; (xiii) Stonepeak GP Investors Upper Holdings
LP, a Delaware limited partnership; (xiv) Stonepeak GP Investors Holdings Manager LLC, a Delaware limited liability company; and (xv) Michael Dorrell (“Mr. Dorrell”), a citizen of the United States of America (each of (v) through (xv),
collectively, the “Catarina Reporting Persons”).
This Schedule 13D relates to Common Units held directly by SPCE Sub, SPPE Sub and General Partner, and Class C Preferred Units and a Warrant to acquire Common Units held directly by Stonepeak Catarina.
Effective January 5, 2024, Stonepeak Catarina appointed the General Partner as the manager of each of SPCE Sub and SPPE Sub. SP Holdings, LLC, a wholly-owned subsidiary of Stonepeak
Catarina, is the sole member of the General Partner. Stonepeak Texas Midstream Holdco LLC is the managing member of Stonepeak Catarina. Stonepeak Catarina Upper Holdings LLC is the majority owner member of Stonepeak Texas Midstream Holdco LLC.
Stonepeak Infrastructure Fund (Orion AIV) LP is the managing member of Stonepeak Catarina Upper Holdings LLC. Stonepeak Associates LLC is the managing member of Stonepeak Texas Midstream Holdco LLC and the general partner of Stonepeak
Infrastructure Fund (Orion AIV) LP. Stonepeak GP Holdings LP is the sole member of Stonepeak Associates LLC. Stonepeak GP Investors LLC is the general partner of Stonepeak GP Holdings LP. Stonepeak GP Investors Holdings LP is the managing member of
Stonepeak GP Investors LLC. Stonepeak GP Investors Upper Holdings LP is the general partner of Stonepeak GP Investors Holdings LP. Stonepeak GP Investors Holdings Manager LLC is the general partner of Stonepeak GP Investors Upper Holdings LP. Mr.
Michael B. Dorrell is the Chairman, Chief Executive Officer, co-founder and sole member of Stonepeak GP Investors Holdings Manager LLC.
CUSIP NO. 30053M203 | Page 18 of 30 Pages |
The address of the principal office for each of the Reporting Persons, except the General Partner, is 55 Hudson Yards, 550 W. 34th St., 48th Floor, New York, NY 10001.
The address of the principal office for the General Partner is 1360 Post Oak Blvd., Suite 2400 Houston, TX 77056.
The agreement among each of the Reporting Persons to file this Schedule 13D jointly in accordance with Rule 13d-1(k) of the Exchange Act is attached as Exhibit Y.
(d) None of the Reporting Persons has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
(e) None of the Reporting Persons has, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and, as a result
of such proceeding, was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
Item 3. | Source and Amount of Funds or Other Consideration |
Item 3 of the Schedule 13D is hereby amended by adding the following:
The response to Item 4 of this Amendment No. 19 is incorporated by reference herein.
In advance of the exercise of the Limited Call Right (as defined and described in Item 4 below), on January 5, 2024: (i) Stonepeak Catarina and SPCE Sub entered into an equity
contribution agreement (the “Equity Contribution Agreement”), pursuant to which Stonepeak Catarina transferred 6,361,377 Common Units, as adjusted for the Reverse Split (defined and described in Item 4 below), to SPCE Sub at no cost; and (ii)
Stonepeak Texas Midstream Holdco LLC and the General Partner entered into an intercompany loan agreement (the “Intercompany Loan Agreement”), pursuant to which Stonepeak Texas Midstream Holdco LLC provided a loan to the General Partner in an aggregate principal amount of approximately $2.7 million, the proceeds of which will be used to purchase all of the outstanding Common Units (other than Common Units already owned by the General Partner or its controlled
affiliates), and pay related fees and expenses, in connection with the exercise of the Limited Call Right.
The foregoing description of each of the Equity Contribution Agreement and the Intercompany Loan Agreement does not purport to be complete and is qualified in its entirety by the
full text of each of the Equity Contribution Agreement and the Intercompany Loan Agreement, a copy or a form of which is filed as Exhibit Z and Exhibit AA, respectively, hereto and is incorporated herein by reference.
Item 4. | Purpose of Transaction |
Item 4 of the Schedule 13D is hereby amended by adding the following:
The response to Item 3 of this Amendment No. 19 is incorporated by reference herein.
As previously reported in the Schedule 13D, at any time the Reporting Persons hold more than 80% of the outstanding Common Units, the Reporting Persons would be able to cause the
General Partner or a controlled affiliate of the General Partner to exercise the limited call right (the “Limited Call Right”) provided for in Section 15.1 of the Third Amended and Restated Agreement of Limited Partnership of Evolve (the
“Partnership Agreement”) to purchase all outstanding Common Units (other than Common Units held by the General Partner or its controlled affiliates), at a price per Common Unit determined pursuant to Section 15.1 of the Partnership Agreement.
On January 8, 2024, the General Partner elected to exercise the Limited Call Right pursuant to its right as the holder (together with its controlled affiliates, including SPCE Sub
and SPPE Sub) of more than 80% of the outstanding Common Units and Section 15.1 of the Partnership Agreement. Specifically, pursuant to its exercise of the Limited Call Right, the General Partner will purchase all of the issued and outstanding
Common Units (other than Common Units already owned by the General Partner or its controlled affiliates) for a cash purchase price, determined pursuant to the contractual formula set forth in Section 15.1(b) of the Partnership Agreement, of
$1.389285 per Common Unit, effective February 16, 2024 (the “Purchase Date”). After the Purchase Date, the General Partner and its affiliates, including certain of the Reporting Persons, will beneficially own, directly or indirectly, all of the
Common Units, and there will no longer be a public market for the Common Units. Based on 8,361,032 total Common Units known to be outstanding as of January 8, 2024, as reported in the Issuer’s transaction statement on Schedule 13E-3 filed with the
SEC on January 10, 2024, the Reporting Persons calculate that the General Partner will acquire an aggregate 1,536,220 Common Units in connection with the exercise of the Limited Call Right. As a result of the General Partner’s exercise of the
Limited Call Right, after the Purchase Date, the Reporting Persons intend to cause the Common Units to be delisted from the NYSE American and deregistered under Section 12 of the Act.
CUSIP NO. 30053M203 | Page 19 of 30 Pages |
Previously, SP Holdings, LLC provided notice to the Board of its election to receive the second quarter 2023 quarterly distribution on the Class C Preferred Units in kind, pursuant
to which Stonepeak Catarina acquired 1,321,286 Class C Preferred Units on July 31, 2023. Also previously, SP Holdings, LLC provided notice to the Board of its election to receive the third quarter 2023 quarterly distribution on the Class C
Preferred Units in kind, pursuant to which Stonepeak Catarina acquired 1,367,531 Class C Preferred Units on October 31, 2023 (the “Q3 2023 Distribution”). After the Q3 2023 Distribution, the Reporting Persons owned, and currently own, an aggregate
40,439,858 Class C Preferred Units. The Class C Preferred Units have the same voting rights as the holders of the Common Units but are not convertible into Common Units and, accordingly, are excluded from the Reporting Persons’ beneficial ownership
reported herein.
Item 5. | Interest in Securities of the Issuer |
Item 5(a) - (c) of the Schedule 13D is hereby amended by adding the following:
(a) The number of Common Units reported as beneficially owned by the Reporting Persons in this Amendment No. 19 have been adjusted to reflect that, effective July 18, 2023, every 30
Common Units were consolidated into 1 Common Unit (the “Reverse Split”). As a result of the Reverse Split, the number of the Warrant to acquire Common Units held directly by Stonepeak Catarina was proportionately reduced at the same ratio.
As of the date hereof, each of the Catarina Reporting Persons may be deemed the beneficial owner of 9,261,608 Common Units, as adjusted for the Reverse Split, which amount
represents 100% of the outstanding Common Units. This amount includes: (i) approximately 900,576 Common Units that Stonepeak Catarina currently has the right to acquire upon exercise of the Warrant held directly by Stonepeak Catarina; (ii)
6,524,812 Common Units held directly by SPCE Sub; (iii) 300,000 Common Units held directly by SPPE Sub; and (iv) 1,536,220 Common Units that the General Partner is purchasing pursuant to its exercise of the Limited Call Right. As of the date
hereof, Stonepeak Catarina does not anticipate exercising the Warrant.
As of the date hereof, SPCE Sub may be deemed the beneficial owner of 6,524,812 Common Units, as adjusted for the Reverse Split, which amount represents approximately 78.0% of the
outstanding Common Units, and SPPE Sub may be deemed the beneficial owner of 300,000 Common Units, as adjusted for the Reverse Split, which amount represents approximately 3.6% of the outstanding Common Units.
As of the date hereof, each of the General Partner and SP Holdings, LLC may be deemed the beneficial owner of 8,361,032 Common Units, as adjusted for the Reverse Split, which amount
represents 100% of the outstanding Common Units. This amount includes: (i) 6,524,812 Common Units held directly by SPCE Sub; (ii) 300,000 Common Units held directly by SPPE Sub; and (iii) 1,536,220 Common Units that the General Partner is
purchasing pursuant to its exercise of the Limited Call Right.
The foregoing beneficial ownership percentages are based on the sum of (i) 8,361,032 Common Units outstanding as of January 8, 2024, as reported in the Issuer’s transaction
statement on Schedule 13E-3 filed with the SEC on January 10, 2024, plus, (ii) for purposes of calculating the Catarina Reporting Persons’ beneficial ownership pursuant to Rule 13d-3(d)(i) under the Act, the approximately 900,576 Common Units
issuable upon exercise of the Warrant.
(b) The Catarina Reporting Persons have shared voting power and shared dispositive power with regard to the approximately 900,576 Common Units that Stonepeak Catarina currently has
the right to acquire upon exercise of the Warrant held directly by Stonepeak Catarina. The Catarina Reporting Persons, SP Holdings, LLC and the General Partner have shared voting power and shared dispositive power with SPCE Sub with regard to the
6,524,812 Common Units held directly by SPCE Sub and have shared voting power and shared dispositive power with SPPE Sub with regard to the 300,000 Common Units held directly by SPPE Sub. The Catarina Reporting Persons and SP Holdings, LLC have
shared voting power and shared dispositive power with the General Partner with regard to the 1,536,220 Common Units that the General Partner is purchasing pursuant to its exercise of the Limited Call Right.
CUSIP NO. 30053M203 | Page 20 of 30 Pages |
(c) The responses to Item 3 and Item 4 of this Amendment No. 19 are incorporated by reference herein. Except as set forth in the Amendment No. 19, there were no transactions in
Common Units by the Reporting Persons effected during the past 60 days.
Item 6. | Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer |
Item 6 of the Schedule 13D is hereby amended by adding the following:
The responses to Item 2, Item 3 and Item 4 of this Amendment No. 19 is incorporated by reference herein.
Item 7. | Material to Be Filed as Exhibits |
Item 7 of the Schedule 13D is hereby amended by adding the following:
Exhibit Y: | Joint Filing Agreement. |
Exhibit Z: | Form of Equity Contribution Agreement, dated January 5, 2024. |
Exhibit AA: | Intercompany Loan Agreement, dated January 5, 2024 (incorporated by reference to Exhibit (d)(16) to the Issuer’s Schedule 13E-3, filed with the SEC on January 10, 2024). |
CUSIP NO. 30053M203 | Page 21 of 30 Pages |
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
SP COMMON EQUITY SUBSIDIARY LLC | |
By: STONEPEAK CATARINA HOLDINGS LLC, its sole member | |
By: STONEPEAK TEXAS MIDSTREAM HOLDCO LLC, its managing member | |
By: STONEPEAK CATARINA UPPER HOLDINGS LLC, its majority owner member | |
By: STONEPEAK INFRASTRUCTURE FUND (ORION AIV) LP, its managing member | |
By: STONEPEAK ASSOCIATES LLC, its general partner | |
By: STONEPEAK GP HOLDINGS LP, its sole member | |
By: STONEPEAK GP INVESTORS LLC, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS LP, its managing member | |
By: STONEPEAK GP INVESTORS UPPER HOLDINGS LP, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS MANAGER LLC, its general partner | |
By: /s/ Michael Dorrell | |
Name: Michael Dorrell | |
Title: Chairman, Chief Executive Officer, and Co-Founder | |
SP PREFERRED EQUITY SUBSIDIARY LLC | |
By: STONEPEAK CATARINA HOLDINGS LLC, its sole member | |
By: STONEPEAK TEXAS MIDSTREAM HOLDCO LLC, its managing member | |
By: STONEPEAK CATARINA UPPER HOLDINGS LLC, its majority owner member | |
By: STONEPEAK INFRASTRUCTURE FUND (ORION AIV) LP, its managing member | |
By: STONEPEAK ASSOCIATES LLC, its general partner | |
By: STONEPEAK GP HOLDINGS LP, its sole member | |
By: STONEPEAK GP INVESTORS LLC, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS LP, its managing member | |
By: STONEPEAK GP INVESTORS UPPER HOLDINGS LP, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS MANAGER LLC, its general partner | |
By: /s/ Michael Dorrell | |
Name: Michael Dorrell | |
Title: Chairman, Chief Executive Officer, and Co-Founder | |
EVOLVE TRANSITION INFRASTRUCTURE GP LLC | |
By: SP Holdings, LLC, its sole member | |
By: /s/ Claire Campbell | |
Name: Claire Campbell | |
Title: Managing Director | |
SP HOLDINGS, LLC | |
By: /s/ Claire Campbell | |
Name: Claire Campbell | |
Title: Managing Director | |
STONEPEAK CATARINA HOLDINGS LLC | |
By: STONEPEAK TEXAS MIDSTREAM HOLDCO LLC, its managing member | |
By: STONEPEAK CATARINA UPPER HOLDINGS LLC, its majority owner member | |
By: STONEPEAK INFRASTRUCTURE FUND (ORION AIV) LP, its managing member | |
By: STONEPEAK ASSOCIATES LLC, its general partner | |
By: STONEPEAK GP HOLDINGS LP, its sole member | |
By: STONEPEAK GP INVESTORS LLC, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS LP, its managing member | |
By: STONEPEAK GP INVESTORS UPPER HOLDINGS LP, its general partner |
CUSIP NO. 30053M203 | Page 22 of 30 Pages |
By: STONEPEAK GP INVESTORS HOLDINGS MANAGER LLC, its general partner | |
By: /s/ Michael Dorrell | |
Name: Michael Dorrell | |
Title: Chairman, Chief Executive Officer, and Co-Founder | |
STONEPEAK TEXAS MIDSTREAM HOLDCO LLC | |
By: STONEPEAK CATARINA UPPER HOLDINGS LLC, its majority owner member | |
By: STONEPEAK INFRASTRUCTURE FUND (ORION AIV) LP, its managing member | |
By: STONEPEAK ASSOCIATES LLC, its general partner | |
By: STONEPEAK GP HOLDINGS LP, its sole member | |
By: STONEPEAK GP INVESTORS LLC, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS LP, its managing member | |
By: STONEPEAK GP INVESTORS UPPER HOLDINGS LP, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS MANAGER LLC, its general partner | |
By: /s/ Michael Dorrell | |
Name: Michael Dorrell | |
Title: Chairman, Chief Executive Officer, and Co-Founder | |
STONEPEAK CATARINA UPPER HOLDINGS LLC | |
By: STONEPEAK INFRASTRUCTURE FUND (ORION AIV) LP, its managing member | |
By: STONEPEAK ASSOCIATES LLC, its general partner | |
By: STONEPEAK GP HOLDINGS LP, its sole member | |
By: STONEPEAK GP INVESTORS LLC, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS LP, its managing member | |
By: STONEPEAK GP INVESTORS UPPER HOLDINGS LP, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS MANAGER LLC, its general partner | |
By: /s/ Michael Dorrell | |
Name: Michael Dorrell | |
Title: Chairman, Chief Executive Officer, and Co-Founder | |
STONEPEAK INFRASTRUCTURE FUND (ORION AIV) LP | |
By: STONEPEAK ASSOCIATES LLC, its general partner | |
By: STONEPEAK GP HOLDINGS LP, its sole member | |
By: STONEPEAK GP INVESTORS LLC, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS LP, its managing member | |
By: STONEPEAK GP INVESTORS UPPER HOLDINGS LP, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS MANAGER LLC, its general partner | |
By: /s/ Michael Dorrell | |
Name: Michael Dorrell | |
Title: Chairman, Chief Executive Officer, and Co-Founder | |
STONEPEAK ASSOCIATES LLC | |
By: STONEPEAK GP HOLDINGS LP, its sole member | |
By: STONEPEAK GP INVESTORS LLC, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS LP, its managing member | |
By: STONEPEAK GP INVESTORS UPPER HOLDINGS LP, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS MANAGER LLC, its general partner | |
By: /s/ Michael Dorrell | |
Name: Michael Dorrell | |
Title: Chairman, Chief Executive Officer, and Co-Founder | |
STONEPEAK GP HOLDINGS LP | |
By: STONEPEAK GP INVESTORS LLC, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS LP, its managing member |
CUSIP NO. 30053M203 | Page 23 of 30 Pages |
By: STONEPEAK GP INVESTORS UPPER HOLDINGS LP, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS MANAGER LLC, its general partner | |
By: /s/ Michael Dorrell | |
Name: Michael Dorrell | |
Title: Chairman, Chief Executive Officer, and Co-Founder | |
STONEPEAK GP INVESTORS LLC | |
By: STONEPEAK GP INVESTORS HOLDINGS LP, its managing member | |
By: STONEPEAK GP INVESTORS UPPER HOLDINGS LP, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS MANAGER LLC, its general partner | |
By: /s/ Michael Dorrell | |
Name: Michael Dorrell | |
Title: Chairman, Chief Executive Officer, and Co-Founder | |
STONEPEAK GP INVESTORS HOLDINGS LP | |
By: STONEPEAK GP INVESTORS UPPER HOLDINGS LP, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS MANAGER LLC, its general partner | |
By: /s/ Michael Dorrell | |
Name: Michael Dorrell | |
Title: Chairman, Chief Executive Officer, and Co-Founder | |
STONEPEAK GP INVESTORS UPPER HOLDINGS LP | |
By: STONEPEAK GP INVESTORS HOLDINGS MANAGER LLC, its general partner | |
By: /s/ Michael Dorrell | |
Name: Michael Dorrell | |
Title: Chairman, Chief Executive Officer, and Co-Founder | |
STONEPEAK GP INVESTORS HOLDINGS MANAGER LLC | |
By: /s/ Michael Dorrell | |
Name: Michael Dorrell | |
Title: Chairman, Chief Executive Officer, and Co-Founder | |
/s/ Michael Dorrell | |
Michael Dorrell |
January 10, 2024
Attention: Intentional misstatements or omissions of fact constitute federal violations (see 18 U.S.C. 1001)
CUSIP NO. 30053M203 | Page 24 of 30 Pages |
Exhibit Y
JOINT FILING AGREEMENT
The undersigned hereby agree that the statement on Schedule 13D with respect to the Common Units of Evolve Transition Infrastructure LP, dated as of January 10, 2024, is, and any amendments thereto
(including amendments on Schedule 13G) signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934.
SP COMMON EQUITY SUBSIDIARY LLC | |
By: STONEPEAK CATARINA HOLDINGS LLC, its sole member | |
By: STONEPEAK TEXAS MIDSTREAM HOLDCO LLC, its managing member | |
By: STONEPEAK CATARINA UPPER HOLDINGS LLC, its majority owner member | |
By: STONEPEAK INFRASTRUCTURE FUND (ORION AIV) LP, its managing member | |
By: STONEPEAK ASSOCIATES LLC, its general partner | |
By: STONEPEAK GP HOLDINGS LP, its sole member | |
By: STONEPEAK GP INVESTORS LLC, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS LP, its managing member | |
By: STONEPEAK GP INVESTORS UPPER HOLDINGS LP, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS MANAGER LLC, its general partner | |
By: /s/ Michael Dorrell | |
Name: Michael Dorrell | |
Title: Chairman, Chief Executive Officer, and Co-Founder | |
SP PREFERRED EQUITY SUBSIDIARY LLC | |
By: STONEPEAK CATARINA HOLDINGS LLC, its sole member | |
By: STONEPEAK TEXAS MIDSTREAM HOLDCO LLC, its managing member | |
By: STONEPEAK CATARINA UPPER HOLDINGS LLC, its majority owner member | |
By: STONEPEAK INFRASTRUCTURE FUND (ORION AIV) LP, its managing member | |
By: STONEPEAK ASSOCIATES LLC, its general partner | |
By: STONEPEAK GP HOLDINGS LP, its sole member | |
By: STONEPEAK GP INVESTORS LLC, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS LP, its managing member | |
By: STONEPEAK GP INVESTORS UPPER HOLDINGS LP, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS MANAGER LLC, its general partner | |
By: /s/ Michael Dorrell | |
Name: Michael Dorrell | |
Title: Chairman, Chief Executive Officer, and Co-Founder | |
EVOLVE TRANSITION INFRASTRUCTURE GP LLC | |
By: SP Holdings, LLC, its sole member | |
By: /s/ Claire Campbell | |
Name: Claire Campbell | |
Title: Managing Director | |
SP HOLDINGS, LLC | |
By: /s/ Claire Campbell | |
Name: Claire Campbell | |
Title: Managing Director | |
STONEPEAK CATARINA HOLDINGS LLC | |
By: STONEPEAK TEXAS MIDSTREAM HOLDCO LLC, its managing member | |
By: STONEPEAK CATARINA UPPER HOLDINGS LLC, its majority owner member | |
By: STONEPEAK INFRASTRUCTURE FUND (ORION AIV) LP, its managing member | |
By: STONEPEAK ASSOCIATES LLC, its general partner | |
By: STONEPEAK GP HOLDINGS LP, its sole member |
CUSIP NO. 30053M203 | Page 25 of 30 Pages |
By: STONEPEAK GP INVESTORS LLC, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS LP, its managing member | |
By: STONEPEAK GP INVESTORS UPPER HOLDINGS LP, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS MANAGER LLC, its general partner | |
By: /s/ Michael Dorrell | |
Name: Michael Dorrell | |
Title: Chairman, Chief Executive Officer, and Co-Founder | |
STONEPEAK TEXAS MIDSTREAM HOLDCO LLC | |
By: STONEPEAK CATARINA UPPER HOLDINGS LLC, its majority owner member | |
By: STONEPEAK INFRASTRUCTURE FUND (ORION AIV) LP, its managing member | |
By: STONEPEAK ASSOCIATES LLC, its general partner | |
By: STONEPEAK GP HOLDINGS LP, its sole member | |
By: STONEPEAK GP INVESTORS LLC, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS LP, its managing member | |
By: STONEPEAK GP INVESTORS UPPER HOLDINGS LP, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS MANAGER LLC, its general partner | |
By: /s/ Michael Dorrell | |
Name: Michael Dorrell | |
Title: Chairman, Chief Executive Officer, and Co-Founder | |
STONEPEAK CATARINA UPPER HOLDINGS LLC | |
By: STONEPEAK INFRASTRUCTURE FUND (ORION AIV) LP, its managing member | |
By: STONEPEAK ASSOCIATES LLC, its general partner | |
By: STONEPEAK GP HOLDINGS LP, its sole member | |
By: STONEPEAK GP INVESTORS LLC, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS LP, its managing member | |
By: STONEPEAK GP INVESTORS UPPER HOLDINGS LP, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS MANAGER LLC, its general partner | |
By: /s/ Michael Dorrell | |
Name: Michael Dorrell | |
Title: Chairman, Chief Executive Officer, and Co-Founder | |
STONEPEAK INFRASTRUCTURE FUND (ORION AIV) LP | |
By: STONEPEAK ASSOCIATES LLC, its general partner | |
By: STONEPEAK GP HOLDINGS LP, its sole member | |
By: STONEPEAK GP INVESTORS LLC, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS LP, its managing member | |
By: STONEPEAK GP INVESTORS UPPER HOLDINGS LP, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS MANAGER LLC, its general partner | |
By: /s/ Michael Dorrell | |
Name: Michael Dorrell | |
Title: Chairman, Chief Executive Officer, and Co-Founder | |
STONEPEAK ASSOCIATES LLC | |
By: STONEPEAK GP HOLDINGS LP, its sole member | |
By: STONEPEAK GP INVESTORS LLC, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS LP, its managing member | |
By: STONEPEAK GP INVESTORS UPPER HOLDINGS LP, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS MANAGER LLC, its general partner | |
By: /s/ Michael Dorrell | |
Name: Michael Dorrell | |
Title: Chairman, Chief Executive Officer, and Co-Founder | |
CUSIP NO. 30053M203 | Page 26 of 30 Pages |
STONEPEAK GP HOLDINGS LP | |
By: STONEPEAK GP INVESTORS LLC, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS LP, its managing member | |
By: STONEPEAK GP INVESTORS UPPER HOLDINGS LP, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS MANAGER LLC, its general partner | |
By: /s/ Michael Dorrell | |
Name: Michael Dorrell | |
Title: Chairman, Chief Executive Officer, and Co-Founder | |
STONEPEAK GP INVESTORS LLC | |
By: STONEPEAK GP INVESTORS HOLDINGS LP, its managing member | |
By: STONEPEAK GP INVESTORS UPPER HOLDINGS LP, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS MANAGER LLC, its general partner | |
By: /s/ Michael Dorrell | |
Name: Michael Dorrell | |
Title: Chairman, Chief Executive Officer, and Co-Founder | |
STONEPEAK GP INVESTORS HOLDINGS LP | |
By: STONEPEAK GP INVESTORS UPPER HOLDINGS LP, its general partner | |
By: STONEPEAK GP INVESTORS HOLDINGS MANAGER LLC, its general partner | |
By: /s/ Michael Dorrell | |
Name: Michael Dorrell | |
Title: Chairman, Chief Executive Officer, and Co-Founder | |
STONEPEAK GP INVESTORS UPPER HOLDINGS LP | |
By: STONEPEAK GP INVESTORS HOLDINGS MANAGER LLC, its general partner | |
By: /s/ Michael Dorrell | |
Name: Michael Dorrell | |
Title: Chairman, Chief Executive Officer, and Co-Founder | |
STONEPEAK GP INVESTORS HOLDINGS MANAGER LLC | |
By: /s/ Michael Dorrell | |
Name: Michael Dorrell | |
Title: Chairman, Chief Executive Officer, and Co-Founder | |
/s/ Michael Dorrell | |
Michael Dorrell |
January 10, 2024
CUSIP NO. 30053M203 | Page 27 of 30 Pages |
Exhibit Z
Execution Version
EQUITY CONTRIBUTION AGREEMENT
THIS EQUITY CONTRIBUTION AGREEMENT (this “Agreement”) is
made and entered into as of January 5, 2024, by and between Stonepeak Catarina Holdings, LLC, a Delaware limited liability company (“Contributor”) and SP Common Equity Subsidiary LLC, a
Delaware limited liability company (“Common Sub”). Contributor and Common Sub may be referred to herein as a “Party” and collectively as the “Parties”.
WHEREAS, Common Sub is a wholly owned subsidiary of Contributor;
WHEREAS, Contributor owns 6,361,377 of the outstanding Common Units (as defined in that certain Third Amended and Restated Agreement of Limited Partnership of Sanchez Midstream Partners LP dated
August 2, 2019, as amended (“Partnership Agreement”)) of Evolve Transition Infrastructure LP, a Delaware limited partnership (“Evolve”);
WHEREAS, Contributor desires to contribute (the “Contribution”) 6,361,377 Common Units (the “Contributed Interests”) to Common Sub, free and clear of any liens (other than restrictions on transfer arising under applicable securities laws and restrictions on transfer that are set forth
in the Partnership Agreement); and
NOW, THEREFORE, in consideration of the premises and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties hereby agree as follows:
1. Contribution of Equity Interests. Contributor hereby contributes, assigns, transfers and conveys to Common Sub and its successors and assigns, and
Common Sub accepts and acquires from Contributor, all right, title, and interest in and to the Contributed Interests, free and clear of any liens (other than restrictions on transfer arising under applicable securities laws and that are set forth
in the Partnership Agreement), and Common Sub hereby accepts such contribution.
2. Amendment and Modification. This Agreement may be amended, modified or supplemented at any time only by the written agreement signed by both Parties.
3. Further Assurances. Each Party agrees to cooperate fully with the other Party and to execute, acknowledge and deliver such further instruments, conveyances, assurances or documents as may be reasonably
requested by the other Party to consummate or implement the Contribution and the other transactions described herein and contemplated hereby.
4. Assignment. No Party shall assign this Agreement or any part hereof, by operation of law
or otherwise, without the prior written consent of the other Party. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective permitted successors and assigns.
5. Governing Law. This Agreement will be governed by the laws of the State of Delaware without giving effect to the
principles of conflict of laws of that State.
CUSIP NO. 30053M203 | Page 28 of 30 Pages |
6. Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed to be an original, and all such counterparts shall together constitute one and the same document. Delivery of
a copy of this Agreement bearing an original signature by facsimile transmission or by electronic mail in “portable document format” form shall have the same effect as physical delivery of the paper document bearing the original signature.
7. Binding Effect. This Agreement shall inure to the benefit of and be binding upon the Parties hereto and their respective successors and assigns.
8. Severability. Whenever possible, each provision of this Agreement shall be interpreted in such manner as to be effective and valid under applicable law, but if any
provision of this Agreement is held to be prohibited by or invalid under applicable law, such provision shall be ineffective only to the extent of such prohibition or invalidity, without invalidating the
remainder of such provision or the remaining provisions of this Agreement.
9. Entire Agreement. This Agreement constitutes the entire agreement among the Parties and supersedes any other agreements, whether written or oral, that may have been made or entered into by or among any
of the Parties or any of their respective Affiliates relating to the transactions contemplated by this Agreement.
[REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK.]
CUSIP NO. 30053M203 | Page 29 of 30 Pages |
IN WITNESS WHEREOF, each of the Parties hereto has executed this Agreement as of the date first above written.
STONEPEAK CATARINA HOLDINGS, LLC | ||
By: | Stonepeak Texas Midstream Holdco LLC, its managing member | |
By: | Stonepeak Associates LLC, its managing member | |
By: | Stonepeak GP Holdings LP, its sole member | |
By: | Stonepeak GP Investors LLC, its general partner | |
By: | | |
Name: | ||
Title: |
SIGNATURE PAGE TO
EQUITY CONTRIBUTION AGREEMENT
CUSIP NO. 30053M203 | Page 30 of 30 Pages |
SP COMMON EQUITY SUBSIDIARY LLC |
By: | Stonepeak Catarina Holdings, LLC,
its managing member | |
By: | Stonepeak Texas Midstream Holdco LLC,
its managing member | |
By: | Stonepeak Associates LLC,
its managing member | |
By: | Stonepeak GP Holdings LP,
its sole member | |
By: | Stonepeak GP Investors LLC,
its general partner | |
By: | | |
Name: | ||
Title: |
SIGNATURE PAGE TO
EQUITY CONTRIBUTION AGREEMENT