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NGL Energy Partners has completed its acquisition of Mesquite Disposals for $893m.

Synopsis

NGL Energy Partners, the energy business has completed its acquisition of Mesquite Disposals, water disposal company for $893m. The acquisition has been announced on 14/05/2019. “The closing of our Mesquite transaction creates the largest water disposal system in the Delaware Basin with permitted capacity exceeding two million barrels per day, but more importantly, the redundancy required by our customers. The combined system provides multiple transportation, disposal and recycling options throughout Lea and Eddy Counties that allows NGL to deliver on its commitments. The Mesquite family will work alongside NGL, operating these assets while expanding the business with additional facilities and contracts.” Mike Krimbill, NGL’s CEO.

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