In a landmark transaction, WhiteWater, I Squared, MPLX LP (NYSE: MPLX), and Enbridge Inc. (TSX: ENB) (NYSE: ENB) have announced a definitive agreement to combine the Whistler Pipeline and Rio Bravo Pipeline into a newly established joint venture. This strategic collaboration is poised to create a formidable platform in the energy sector, enhancing connectivity between […]
In a significant move to bolster North America’s energy infrastructure, Enbridge Inc. (TSX: ENB) (NYSE: ENB) has declared its entry into a definitive agreement with WhiteWater/I Squared Capital and MPLX LP. This partnership is set to create a joint venture aimed at developing, constructing, owning, and operating crucial natural gas pipeline and storage assets. These […]
Summit Midstream Partners, LP (NYSE: SMLP) announced a significant transaction, selling its Utica Position, comprising approximately 36% interest in Ohio Gathering Company, LLC (“OGC”), approximately 38% interest in Ohio Condensate Company, LLC (“OCC”), and its wholly owned Utica assets to a subsidiary of MPLX LP (“MPLX”) for a substantial $625 million in cash. This transaction, […]