Meade Pipeline Stakes Sale
Sector: Natural Gas • Location: Pennsylvania, United States
Source: Stock Titan
Indirect subsidiaries of XPLR Infrastructure LP entered into a purchase and sale agreement to sell their interests in Meade Pipeline Co, LLC and the 15% interest held through Redwood Meade Midstream MPC, LLC to affiliates of funds managed or advised by Ares Management. The purchasers agreed to pay approximately $1.1 billion in cash, subject to adjustment for lease payments accrued at closing. The
Project Information FAQ
Project Information
Want to explore the full details? View the full report
Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Indirect subsidiaries of XPLR Infrastructure LP entered into a purchase and sale agreement to sell their interests in Meade Pipeline Co, LLC and the 15% interest held through Redwood Meade Midstream MPC, LLC to affiliates of funds managed or advised by Ares Management. The purchasers agreed to pay approximately $1.1 billion in cash, subject to adjustment for lease payments accrued at closing. The transaction is expected to close by the end of the third quarter of 2025, conditioned on Hart-Scott-Rodino antitrust approval, repayment of project-level indebtedness, and other customary closing conditions. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |