Announced

Completed

Alliance Energy Services completed the acquisition of 18 propane terminals from NGL Energy Partners for $95m.

Synopsis

Alliance Energy Services, a wholesale marketer and distributor of propane and other natural gas liquids, completed the acquisition of 18 propane terminals from NGL Energy Partners, a diversified midstream energy company, for $95m. "The acquisition of these 18 propane terminals represents a significant milestone for Alliance Energy Services. This investment underscores our commitment to enhancing supply security, expanding our market reach, and delivering best-in-class service to our customers. We also look forward to the new employees joining our team from NGL," Jason Doyle, Alliance Energy Services CEO.

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MergerLinks - Alliance Energy Services completed the acquisition of 18 propane terminals from NGL Energy Partners for $95m.