Announced
Financials
Tags
Acquisition
gathering systems
Pending
Majority
United States
Offshore Drilling and Other Services
Single Bidder
Friendly
Private
Domestic
Private Equity
liquefied natural gas
Synopsis
EnLink Midstream, a natural gas transmission company, agreed to acquire the North Texas gathering and processing assets of Crestwood Equity Partners, a private equity firm, for $275m. "We are very pleased to announce the agreement to acquire this gathering and processing system in North Texas, which is composed of assets that are highly complementary to EnLink's, both in North Texas and in our other areas of operation," Barry E. Davis, EnLink Chairman and CEO.
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