The US Bankruptcy Court gave an order approving the sale of certain assets of Southcross Energy Partners, L.P. on October 28, 2019. The debtor has been authorized to sell its certain assets to Magnolia Infrastructure Holdings, LLC for a purchase price of $31.50 million in cash. The debtor’s assets include the all pipelines, pipeline systems, flowlines, and gathering and processing systems in Mississippi or Alabama. At the auction held, Magnolia Infrastructure Holdings, LLC emerged as the winning bidder by offering a purchase price of $31.50 million.