M&A Deal Summary |
|
|---|---|
| Date | 2018-11-12 |
| Target | NGL Energy Partners - Water Solutions Bakken |
| Sector | Environmental |
| Buyer(s) | Tallgrass Energy Partners |
| Sellers(s) | NGL |
| Deal Type | Divestiture |
| Deal Value | 91M USD |
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| Category | Company |
|---|---|
| Sector | Energy Services and Equipment |
Tallgrass Energy is a family of companies formed to own, operate, acquire and develop midstream energy assets in North America. The Tallgrass Energy family is comprised of Tallgrass Energy Partners, LP, a master limited partnership, and Tallgrass Development, LP.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 8 |
| Sector (Environmental) | 1 of 1 |
| Type (Divestiture) | 3 of 4 |
| State (Oklahoma) | 1 of 1 |
| Country (United States) | 7 of 8 |
| Year (2018) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-01-03 |
Tallgrass NatGas Operator
United States Tallgrass NatGas Operator LLC is a provider of energy services in US. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-08-09 |
EH2 Power
Prewitt, New Mexico, United States EH2 Power is developing a first-of-its-kind hydrogen-to-power project at Tri-State Generation and Transmission Association, Inc.’s Escalante Generating Station near Prewitt, New Mexico, by converting the retired coal-fired power plant into a clean hydrogen-fired power generating facility. EH2 Power is based in Prewitt, New Mexico. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1940 |
| Sector | Energy Services and Equipment |
| Employees | 842 |
| Revenue | 7.9B USD (2022) |
NGL operates a vertically integrated energy business with three operating segments: midstream, wholesale supply and marketing, and retail propane. NGL was founded in 1940 and is based in Tulsa, Oklahoma.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 4 |
| Sector (Environmental) | 1 of 1 |
| Type (Divestiture) | 2 of 3 |
| State (Oklahoma) | 2 of 2 |
| Country (United States) | 3 of 4 |
| Year (2018) | 2 of 3 |
| Size (of disclosed) | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-05-30 |
NGL Propane
Tulsa, Oklahoma, United States NGL Propane LLC sells propane and distillates to over 316,000 residential, commercial and industrial customers. NGL Propane, with over 1,000 employees in 151 locations (including 61 satellite distribution locations) and a fleet in excess of 1,000 trucks, services 22 states in the Northeast U.S., Southeast U.S. and Upper Midwest U.S. NGL Propane, trades under prominent regional brands, including Osterman Propane, Downeast Energy, Eastern Propane, Atlantic Propane, Anthem Propane, Gas Inc. and Brantley Gas. |
Sell | $900M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-12-20 |
NGL Energy Partners - Water Infrastructure Assets
Delaware, United States NGL Energy Partners LP - Water Infrastructure Assets includes ~10 miles of pipeline in southern Reeves and Ward counties. |
Sell | $239M |
