Deal Snapshot
EQM MIDSTREAM PARTNERS CLOSES ACQUISITION OF INTEREST IN EUREKA MIDSTREAM, HORNET MIDSTREAM
Friday 12 April 2019

Pittsburgh, US-based Equitrans Midstream Corp. (NYSE: ETRN) has partnered with EQM Midstream Partners LP (NYSE: EQM) to acquire, from a fund managed by Morgan Stanley Infrastructure Partners interest in Eureka Midstream Holdings and Hornet Midstream Holdings, the company said.
Equitrans and EQM have acquired a 60% interest in Ohio and West Virginia, US-based pipeline system Eureka Midstream Holdings, LLC and a 100% interest in West Virginia, US-based high-pressure gathering system Hornet Midstream Holdings, LLC.


TKUqg0 http://www.FyLitCl7Pf7kjQdDUOLQOuaxTXbj5iNG.com
Details
Date Published: 12/04/2019
Target: Eureka Midstream Holdings and Hornet Midstream Holdings/stake
Country: USA
Deal Size: 1.03bn (USD)
Sector: Petroleum/Natural Gas/Coal
Type: JV
Financing: Cash and Stock
Status: Closed
Vendor: Fund managed by Morgan Stanley Infrastructure
Buyer: Equitrans Midstream/ EQM Midstream Partners
Buyer Advisor: Citi , Guggenheim Securities , Latham and Watkins
Comment:


Options