Regency Energy to Add on Zephyr

Regency Energy Partners (NASDAQ: RGNC) has entered into a definitive agreement to acquire Zephyr Gas Services in a $185 million deal. Zephyr designs and manufactures natural gas treating and processing equipment and will bring to Regency complementary assets and a full range of field services. Regency, which is backed by Energy Transfer Equity (NYSE: ETE), Alinda Capital Partners, Harvest Partners and MTP Energy Management, plans to finance the add-on with its revolving credit facility.