This Amendment No. 27 to Schedule 13D amends and supplements the Statement on Schedule 13D filed on May 3, 2013, as amended by Amendment No. 1 filed on November 14, 2014, Amendment No. 2 filed on February 17, 2015, Amendment No. 3 filed on April 3, 2015, Amendment No. 4 filed on May 15, 2015, Amendment No. 5 filed on August 18, 2015, Amendment No. 6 filed on August 19, 2015, Amendment No. 7 filed on September 17, 2015, Amendment No. 8 filed on November 18, 2015, Amendment No. 9 filed on December 22, 2015, Amendment No. 10 filed on January 6, 2016, Amendment No. 11 filed on January 11, 2016, Amendment No. 12 filed on February 1, 2016, Amendment No. 13 filed on February 24, 2016, Amendment No. 14 filed on April 27, 2016, Amendment No. 15 filed on May 18, 2016, Amendment No. 16 filed on November 3, 2016, Amendment No. 17 filed on December 6, 2016, Amendment No. 18 filed on March 8, 2017, Amendment No. 19 filed on August 18, 2017, Amendment No. 20 filed on October 12, 2017, Amendment No. 21 filed on August 20, 2018, Amendment No. 22 filed on September 28, 2018, Amendment No. 23 filed on December 6, 2018, Amendment No. 24 filed on December 11, 2018, Amendment No. 25 filed on January 3, 2019 and Amendment No. 26 filed on February 19, 2019 (as amended, this “Schedule 13D”), filed with respect to the common units representing limited partner interests (“Common Units”) of American Midstream Partners, LP (the “Issuer”).
Item 2. | Identity and Background. |
Item 2 is hereby supplemented by adding JP Energy Development, L.P., (“JP Energy”) a wholly owned subsidiary of Magnolia Holdings, as a reporting person:
| (a) | JP Energy is a Delaware limited partnership. |
| (b) | The principal business address of JP Energy is: |
c/o ArcLight Capital Partners, LLC
200 Clarendon Street, 55th Floor
Boston, Massachusetts 02117
| (c) | JP Energy is managed by its general partner, JP Energy Development GP LLC. JP Energy is controlled by Magnolia Holdings, a reporting person. The business of JP Energy is to own a minority interest in the Issuer. |
| (d) | JP Energy has not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). |
| (e) | JP Energy has not, during the last five years, been party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceedings was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. |
| (f) | JP Energy is organized under the laws of the State of Delaware. |
Item 3. | Source and Amount of Funds or Other Consideration. |
Item 3 is hereby amended and supplemented by adding the following immediately after the last paragraph:
Agreement and Plan of Merger
Pursuant to the Agreement and Plan of Merger, dated as of March 17, 2019 (the “Merger Agreement”), by and among Anchor Midstream Acquisition, LLC (“Parent”), Anchor Midstream Merger Sub, LLC (“Merger Sub”), High Point, the Issuer and the General Partner, Merger Sub will be merged with and into the Issuer, with the Issuer continuing as the sole surviving entity and a direct wholly owned subsidiary of the General Partner and Parent, an indirect subsidiary of Fund V (the “Merger”).
Immediately prior to the Merger, High Point will cause 100% of its SeriesA-l Convertible Preferred Units to be converted into 10,172,347 Common Units, Magnolia will cause 100% of its SeriesA-2 Units to be converted into 4,358,142 Common Units and Magnolia Holdings will cause 100% of its Series C Units to be converted into 9,527,650 Common Units. In addition, immediately prior to the Merger, the Issuer will redeem the Notional General Partner Units (as defined in the Partnership Agreement) for 980,889 Common Units.
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