Energy Transfer to Acquire Vaquero Midstream in a $2.6B Transaction
The deal adds Vaquero’s 300-mile pipeline system and three gas processing plants as Energy Transfer expands its Permian Basin network.
6 Articles
6 Articles
Energy Transfer to Buy Vaquero Midstream in $2.63 Billion Deal
Energy Transfer to acquire Vaquero Midstream in a $2.6B transaction
Energy Transfer agreed to buy Vaquero Midstream in a $2.625 billion bolt-on transaction, funded with cash and newly issued units. The acquisition adds pipelines, processing capacity and long-term fee-based contracts across the Delaware Basin.
Energy Transfer to Acquire Vaquero Midstream for $2.625 Billion
Energy Transfer LP has agreed to acquire Vaquero Midstream LLC in a $2.625 billion transaction that will expand the pipeline... The post Energy Transfer to Acquire Vaquero Midstream for $2.625 Billion appeared first on citybiz.
Energy Transfer to Acquire Vaquero Midstream in a $2.625 Billion Transaction
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (Texas Stock Exchange, TXSE: ET) and Vaquero Midstream LLC (Vaquero) announced today that the parties have entered into a definitive agreement pursuant to which Energy Transfer will acquire Vaquero in a bolt-on transaction valued at approximately $2.625 billion. The transaction consideration will consist of $1.95 billion in cash and approximately 33.3 million newly issued Energy Transfer common units. …
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