ArcLight Capital-backed Enstor to acquire Black Bear Transmission from Basalt Infrastructure Partners.

ArcLight Capital-backed Enstor, a natural gas storage operator, agreed to acquire Black Bear Transmission, an oil and gas company, from Basalt Infrastructure Partners, an independent infrastructure investment firm. Financial terms were not disclosed. "We are extremely excited to acquire Black Bear, a highly complementary addition to Enstor’s platform that enhances operational efficiencies and supports our long-term growth strategy," Paul Bieniawski Enstor CEO.