Southcross Energy Partners, L.P. (NYSE:SXE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
Southcross Energy Partners GP, LLC (the General Partner), the
general partner of Southcross Energy Partners, L.P. (the
Partnership), appointed, effective January 1, 2017 (the Effective
Date), Andrew A. Cameron as a director to the Board. Mr. Cameron
was also appointed to serve on the Audit Committee and Conflicts
Committee of the Board.
and any other person in connection with his appointment to the
Board. There are no transactions between Mr. Cameron and the
Partnership or any of its subsidiaries that are reportable under
Item 404(a) of Regulation S-K.
General Partners non-employee director compensation arrangements
as disclosed in the Partnerships Annual Report on Form 10-K for
the year ended December 31, 2015 and will be reimbursed for
certain expenses including those incurred in attending Board and
announcing the appointment of Mr. Cameron to the Board, which
press release is attached to this report as Exhibit 99.1.
99.1 attached hereto, is being furnished to the Securities and
Exchange Commission and shall not be deemed filed for the purpose
of Section 18 of the Exchange Act, or otherwise subject to the
liabilities of that Section. In addition, none of such
information shall be incorporated by reference in any filing made
by the Partnership under the Exchange Act or the Securities Act
of 1933, as amended, except to the extent specifically referenced
in any such filings.
Press Release of Southcross Energy Partners, L.P. dated
December 19, 2016.
About Southcross Energy Partners, L.P. (NYSE:SXE)
Southcross Energy Partners, L.P. is a limited partnership. The Company provides natural gas gathering, processing, treating, compression and transportation services, and natural gas liquid (NGL) fractionation and transportation services. Its products include Ethane, Propane, Normal Butane, Isobutane and Natural Gasoline. The Company’s assets are located in South Texas, Mississippi and Alabama and include over four gas-processing plants, approximately two fractionation facilities and approximately 3,140 miles of pipeline. The Company’s assets in the South Texas region are located between Conroe and Webb and Dimmitt Counties near the Texas-Mexico border and include Woodsboro processing plant, Bonnie View NGL fractionation facility, and Gregory processing plant and NGL fractionation facility. The Company’s assets in the Mississippi region are located principally in the southern half of the state and consist of the intrastate pipeline system in Mississippi. Southcross Energy Partners, L.P. (NYSE:SXE) Recent Trading Information
Southcross Energy Partners, L.P. (NYSE:SXE) closed its last trading session down -0.03 at 1.43 with 120,570 shares trading hands.