Announced
Synopsis
Harvest Midstream, a privately-held midstream company services provider, agreed to acquire a natural gas gathering and processing network from MPLX, a midstream energy infrastructure and logistics assets owner and operator, for $1bn. "This acquisition is the beginning of the next chapter of Harvest's ambitious and disciplined growth story. We are executing on a long-term vision to build a scaled, resilient midstream network capable of supporting America's energy needs for decades to come - and these premier MPLX assets fit squarely into that strategy. We look forward to applying our operational expertise, commercial agility, and proven track record to deliver long-term value for our customers," Jason C. Rebrook, Harvest Midstream CEO.
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