Energy Transfer to acquire WTG Midstream for $3.25bn in strategic expansion
In a significant expansion of its midstream operations, Energy Transfer LP (NYSE: ET) has agreed to acquire WTG Midstream Holdings LLC from affiliates of Stonepeak, the Davis Estate, and Diamondback Energy, Inc. The deal, valued at approximately $3.25 billion, comprises $2.45 billion in cash and about 50.8 million newly issued Energy Transfer common units. This […]