Antero Midstream to acquire the midstream assets of HG Energy for $1.1bn.

Antero Midstream, a company that owns, operates, and develops midstream energy assets, agreed to acquire the midstream assets of HG Energy, a renewable energy company, for $1.1bn. "This acquisition expands Antero Midstream's multi-decade dedicated inventory by another 5 years in the liquids core of the Marcellus Shale. In combination, today's strategic transactions high-grade our asset base from a reservoir quality, midstream capital efficiency, and free cash flow trajectory standpoint creating significant shareholder value," Michael Kennedy, Antero Midstream President and CEO.