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New Deal


Announced

Completed

JP Morgan Investment Management completed the acquisition of Enstor Gas from ArcLight Capital Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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gas storage

Storage Terminals

Acquisition

Domestic

Private Equity

Private

Majority

Single Bidder

Completed

United States

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Synopsis

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JP Morgan Investment Management completed the acquisition of Enstor Gas, the largest privately owned gas storage company in the US, from ArcLight Capital Partners, a private equity firm focused on energy, infrastructure and energy transition. Financial terms were not disclosed. "We are excited to work with Enstor, an industry-leading strategic platform uniquely positioned to provide safe, reliable natural gas storage services in strategic areas across the US. We look forward to partnering with the Enstor leadership team and employees to build upon the company’s track record of success for the benefit of its customers and communities," Matthew LeBlanc, JP Morgan CIO.

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