Announced

Completed

ArcLight Capital-backed Enstor completed the acquisition of Black Bear Transmission from Basalt Infrastructure Partners.

Synopsis

ArcLight Capital-backed Enstor, a natural gas storage operator, completed the acquisition of Black Bear Transmission, an oil and gas company, from Basalt Infrastructure Partners, an independent infrastructure investment firm. Financial terms were not disclosed. “We are thrilled to welcome the entire BBT team into the Enstor family. This acquisition enhances our ability to deliver safe, reliable, demand-driven energy infrastructure to our customers as we continue to grow our footprint,” Paul Bieniawski, Enstor Chief Executive Officer.

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MergerLinks - ArcLight Capital-backed Enstor completed the acquisition of Black Bear Transmission from Basalt Infrastructure Partners.