Summit Midstream Partners, a limited partnership focused on owning and operating midstream energy infrastructure, filed on Tuesday with the SEC to raise up to $302 million in an initial public offering. The Dallas, TX-based company, which was founded in 2009 and booked $138 million in sales for the 12 months ended 6/30/2012, plans to list on the NYSE under the symbol SMLP.
The company is owned by private equity firm Energy Capital Partners and GE Energy Financial Services. Barclays, BofA Merrill Lynch, and Goldman Sachs are the joint bookrunners on the deal. No pricing terms were disclosed.
