One-Page Deal Sheet
Williams Partners to Acquires Geismar Plant
Williams Partners Lp Williams Companies, Inc.
Announced Date
November 01,2012
Transaction Type
Asset
Location
Country
United States
State
Texas
Transaction Details: Subscribe to see
Williams Partners and Williams announced an agreement for Williams Partners to acquire Williams' approximately 83-percent undivided interest in the Geismar olefins production facility, as well as Williams' refinery-grade propylene splitter for $2.264 billion and pipelines in the Gulf region, for $100 million. Additionally, Williams Partners will be responsible for the completion of the ongoing expansion of the Geismar facility projected to cost $270 million and additional pipelines projected to cost approximately $160 million.
Williams also agreed to temporarily waive approximately $16…
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