Blackstone to buy EagleClaw Midstream for about $2 B
4/17/2017
(Reuters) -- EagleClaw Midstream Ventures LLC said on Monday it agreed to be bought by funds managed by Blackstone Group LP for about $2 B.
EagleClaw Midstream Ventures LLC, which owns and operates natural gas pipelines and processing facilities, said the all-cash deal includes about $1.25 B in debt, financed by Jefferies LLC.
EagleClaw is the largest privately held midstream operator in the Permian's Delaware Basin in West Texas.
Reporting by Arathy S Nair in Bengaluru; Editing by Sriraj Kalluvila
Sign up to Receive Our Newsletter
- Biogas in France: TotalEnergies starts its 2nd largest unit in Normandy
- ONEOK announces joint ventures with MPLX to build LPG export terminal at U.S. Gulf Coast location
- Ukraine plans to import 800 MMm3 of gas until April after Russian strikes
- Parker Hannifin joins iHAPC project to test H2 and argon for cleaner and more energy-efficient engine technologies
- India's BPCL signs LPG supply deal with Norway's Equinor
Comments