One-Page Deal Sheet
TC Energy to Sell Entire Midstream Portfolio to UGI in $1.275B Deal
UGI Corporation, Ugi Energy Services Inc. TC Energy Corp.
Announced Date
July 03,2019
Transaction Type
Asset
Transaction Details: Subscribe to see
TC Energy Corp. has agreed to sell its U.S. midstream assets held by its subsidiary, Columbia Midstream Group, to UGI Energy Services LLC, a subsidiary of UGI Corp., for approximately US$1.275 billion (Cdn$1.7 billion).
The transaction is expected to close in the third quarter of 2019.
Columbia Midstream Group, which operates in the Appalachian Basin, owns four natural gas gathering systems and an interest in a company with gathering, processing and liquids assets. These assets connect production to markets throughout western Pennsylvania, eastern Ohio and northern West Virginia. This sale…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Oct-22-2019 |
-  |
- |
Click here | Pennsylvania | Midstream |
| Sep-30-2019 |
- |
- |
Click here | Midstream | |
| Sep-30-2019 |
- |
- |
Click here | Pennsylvania | Midstream |
| Sep-18-2019 |
- |
- |
Click here | Kentucky | Midstream |
| Mar-19-2019 |
- |
- |
Click here | Ohio | Midstream |