Announced
Completed
First Reserve Corporation and Crestwood Equity Partners formed a 50/50 joint venture to finance and own midstream infrastructure in the Permian-Delaware Basin.
Financials
Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-
Sources
Tags
Oil Equipment and Services
Joint Venture
United States
Infrastructure
midstream infrastructure
Private
Private Equity
Completed
Synopsis
Private equity firms First Reserve Corporation and Crestwood Equity Partners formed a 50/50 joint venture to finance and own midstream infrastructure in the Permian-Delaware Basin. Financial terms were not disclosed.
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