Wednesday, January 22, 2025

Blackstone to buy EagleClaw Midstream

Posted by April 17, 2017

EagleClaw Midstream Ventures LLC said on Monday it agreed to be bought by funds managed by Blackstone Group LP for about $2 billion.
 
EagleClaw Midstream Ventures LLC, which owns and operates natural gas pipelines and processing facilities, said the all-cash deal includes about $1.25 billion in debt, financed by Jefferies LLC.
 

EagleClaw is the largest privately held midstream operator in the Permian's Delaware Basin in West Texas.


Reporting by Arathy S Nair 

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