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The Evolution of Midstream Asset Ownership: From MLPs to Private Equity and the Rise of Private Credit

The 2017 change in corporate tax rates from 35 to 21 percent had a direct effect on the ownership of midstream assets.  The Master Limited Partnership (MLP) structure no longer had the same competitive advantage when it came down to minimizing taxable earnings. As a result, some assets that were once deemed core and strategic to some […]

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