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Copano Energy Raises $300 Million Through Direct Equity Investment by Funds Managed by TPG Capital
Copano Energy, L.L.C. today announced that it has issued $300 million of convertible preferred equity to an affiliate of TPG Capital, a leading global private investment firm. Â The Series A preferred units were priced at $29.05 per unit, a 10% premium to the 30-day volume weighted average price of Copano’s common units as of July 19, 2010. Â The preferred units are entitled to in-kind quarterly …

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