Enterprise Surprises Market with $3.25 Billion Cash Acquisition of Navitas Midstream
Transaction Type
Basin
Permian Basin; Midland Basin
Announce Date
Post Date
Close Date
Estimated Price
3.3BB
Description
Acquired The Woodlands, TX-based Navitas backed by Warburg Pincus; includes approximately 1,750 miles of pipelines and over 1 Bcf/d of cryogenic natural gas processing capacity in the Midland Basin of the Permian.