DT Midstream Boosts Ownership of Appalachia Gas Pipeline in $552 Million Cash Deal
Transaction Type
Sellers
Buyers
Basin
Appalachian Basin; Marcellus Shale; Utica Shale
Announce Date
Post Date
Close Date
Estimated Price
$552.0MM
Description
Bought National Grid’s 26.25% ownership interest in the Millennium Pipeline, boosting its ownership in Millennium which delivers Marcellus and Utica gas to markets across NY and New England to 52.5%.