DCP Midstream Partners announced it completed the previously announced dropdown from the owner of its general partner, DCP Midstream, of an additional 47% interest in the Eagle Ford joint venture for $626M. The transaction is immediately accretive. This brings the Partnership's ownership interest in the Eagle Ford joint venture to 80%. The transaction is subject to certain customary closing conditions and working capital and other purchase price adjustments. DCP Midstream took 20% of the consideration in the Partnership's common units. In conjunction with the transaction, DCP Midstream provided the Partnership with a three-year direct commodity price hedge for the additional 47% interest in the joint venture. In addition, as part of the transaction the Partnership increased its ownership interest in the Goliad plant and associated infrastructure to 80%. The Goliad plant is a cryogenic processing plant with capacity of 200 million cubic feet per day that is under construction in the Eagle Ford joint venture; it is expected to be completed by the first quarter of 2014. The Partnership's estimated total investment in this new plant is expected to be $230M. The plant is supported by long-term producer agreements. DCP Midstream provided the Partnership with a 27-month hedge associated with this organic project, commencing in January 2014, for the additional 47 percent interest in the Goliad plant and related infrastructure.