Five Point and GSO Acquire a 50% Interest in Twin Eagle
Five Point Capital Partners LLC (“Five Point”) and affiliates of GSO Capital Partners LP (“GSO”) announced the acquisition of a 50% interest in Twin Eagle Resource Management, LLC (“Twin Eagle”) from Chesapeake Energy Corporation and LS Power Group. Five Point, GSO and the management of Twin Eagle have also committed to invest up to an additional $200,000,000 to fund the Company’s next growth phase.