Blackstone Adds Permian Basin Properties to Global Energy Portfolio with $2 Billion EagleClaw Acquisition
Blackstone Adds Permian Basin Properties to Global Energy Portfolio with $2 Billion EagleClaw Acquisition
SUGAR LAND--April 19, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Blackstone Energy Partners, the energy-focused private equity business of The Blackstone Group (NYSE:BX), agreed to purchase EagleClaw Midstream Ventures LLC. The $2 billion deal, which is expected to close by the end of July 2017, gives Blackstone the largest privately held midstream operator in the Delaware Basin, one of the largest components of the Permian Basin. Industrial Info is tracking nearly $6 billion in active projects across multiple industries involving Blackstone and EagleClaw.
Within this article: Details on active projects from Blackstone and EagleClaw, including the latter's natural gas and natural gas liquids processing plants in the Permian Basin.
Subscribe Now!(All Fields Required)
Related Articles
Articles related to this company
- April 17 COVID-19 Latin American Impact Report
- Kahuna Ventures at Work on $1.5 Billion Worth of Natural Gas Projects
- Saulsbury at Work on $3 Billion in Projects, with LNG, Cryogenic Plants Top...
- GE Adds Mexico's Tierra Mojada NGCC Plant to Growing List of North American...
- Enbridge, Pemex, 2024 Hurricane Season: Your Daily Energy News