Kayne Anderson Announces Closing of Sale of Silver Hill Energy Partners, LLC

DALLAS–(BUSINESS WIRE)–Silver Hill Energy Partners, LLC (“SHEP I”), a privately held entity controlled by an affiliate of Kayne Anderson Capital Advisors, L.P. (“Kayne Anderson”) through its energy private equity practice, has closed its previously announced sale to RSP Permian, Inc. (“RSP”) for a purchase price of approximately $604 million of cash and 15 million shares of RSP common stock (NYSE: RSPP), subject to certain customary post-closing adjustments. As previously disclosed, Kayne And
Source: BusinessWire-Primary

Kayne Anderson Announces Closing of Sale of Silver Hill Energy Partners, LLC