USA Compression Partners To Acquire Energy Transfer’s Compression Business In $1.8 Billion Transaction
Transaction Type
Sellers
Buyers
Basin
Eagle Ford Shale, Gulf Coast, Rockies & Permian Basin
Announce Date
Post Date
Close Date
Estimated Price
$1,800.0MM
Description
Acquired Energy Transfer's compression business, adding 1.6 million hp of natural gas compression in active basins including the Eagle Ford Shale, Gulf Coast, Rockies and Permian Basin; also includes cancellation of USAC IDRs and an IDR/GP restructuring.