GIP Buys Chesapeake Midstream Assets

Global Infrastructure Partners (GIP), a New York-based private-equity fund led by Credit Suisse and General Electric, has closed
on its previously announced acquisition of Chesapeake Midstream Partners LP (NYSE:CHKM) for $2 billion. GIP now owns
100% of the Chesapeake's general partner and 69% of the its limited partner units.

Chesapeake Midstream Partners LP is the industry’s largest gathering and processing master limited partnership as measured by throughput volume and owns, operates, develops and acquires natural gas gathering systems and other midstream energy assets. Headquartered in Oklahoma City, CHKM's operations are focused on the Barnett Shale, Haynesville Shale, Marcellus Shale and Mid-Continent regions of the US.