One-Page Deal Sheet
Energy Transfer Sells 49.9% Share in Company Owning Rover Pipeline
Transaction Details: Require Private Equity Subscription
Enegy Transfer Partners announced that its subsidiares, Energy Transfer Interestate Holdings and ET Rover Pipeline have closed a deal to sell its 49.9% interest in HoldCo to Blackstone Energy Partners.
Now, HoldCo is owned 50.1% by Enerty Transfer and 49.9% by Blackstone. HoldCo is a 65% interest in Rover Peipeline which currently transports more than one billion cubic feet of natural gas per day from Cadiz, Ohio to Defiance, Ohio.
When it is completed, the Rover Pipeline will be ~713 miles and will be able to trasnport 3.25 billion cubic feet of natural gas per day from the Marcellus and…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Jan-24-2020 |
- |
- |
Click here | Pennsylvania | E&P |
| Dec-19-2019 |
- |
- |
Click here | Ohio | E&P |
| Oct-22-2019 |
- |
- |
Click here | Pennsylvania | Midstream |
| Oct-21-2019 |
- |
- |
Click here | Pennsylvania | E&P |
| Sep-30-2019 |
- |
- |
Click here | Midstream |
