Eagle Rock Energy Partners, a limited partnership engaged in gathering, compressing, treating, processing, transporting and selling natural gas in Texas and Louisiana, announced the terms for its IPO on Tuesday, The Houston-based company plans to offer 12.5 million units at a range of $19-$21 per unit, giving the deal a proposed market cap of $845 million. UBS, Lehman Brothers and Goldman Sachs will act as joint book runners on the deal. Timing has yet to be announced.
