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Blackstone Adds Permian Basin Properties to Global Energy Portfolio with $2 Billion EagleClaw Acquisition


Industry Segment: Production | Word Count: 553 Words

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.

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