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Pinnacle Asset Management-backed Six One Commodities completed the acquisition of Vega Energy Partners and WGL Midstream.

Synopsis

Pinnacle Asset Management-backed Six One Commodities, a global energy trading merchant, completed the acquisition of Vega Energy Partners and WGL Midstream, natural gas companies. Financial terms were not disclosed. "These acquisitions will accelerate our growth in the natural gas market, add significant earnings potential, and provide a solid platform for us to link our existing domestic and international LNG businesses. We are excited to establish a Houston office and presence, and we look forward to integrating and working collaboratively with the talented team at VEP to further position us as a premier globally integrated energy merchant company," Ben Sutton, Six One Commodities CEO.

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