Explore All 235 Divestiture Utilities Deals - Search the Database Free
M&A Deal Summary |
|
|---|---|
| Date | December 15, 2022 |
| Target | MountainWest Pipelines |
| Sector | Utilities |
| Buyer(s) | Williams |
| Sellers(s) | Southwest Gas |
| Deal Type | Divestiture |
| Deal Value | 1.5B USD |
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| Category | Company |
|---|---|
| Founded | 1908 |
| Sector | Energy Services and Equipment |
| Employees | 5,829 |
| Revenue | 10.5B USD (2024) |
Williams is a North American energy infrastructure company. It owns interests in or operates 15,000 miles of interstate gas pipelines, 1,000 miles of NGL transportation pipelines, and more than 10,000 miles of oil and gas gathering pipelines. Williams was formed in 1908 and is based in Tulsa, Oklahoma.
| Deal Context for Buyer | # |
|---|---|
| Overall | 10 of 11 |
| Sector: Utilities | 1 of 1 |
| Type: Divestiture | 3 of 3 |
| State: Nevada | 1 of 1 |
| Country: United States | 10 of 11 |
| Year: 2022 | 2 of 2 |
| Size (of disclosed) | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-09-08 |
NorTex Midstream Partners
Houston, Texas, United States NorTex Midstream Partners is an independently owned developers and operators of high-deliverability, multi-cycle natural gas storage capacity. NorTex was founded in 2007 and is based in Houston, Texas. |
Buy | $423M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-02-19 |
Rimrock Energy Partners
Oklahoma City, Oklahoma, United States Rimrock Energy Partners focused on the acquisition, development, and management of midstream energy assets across multiple commodities (crude oil, natural gas, natural gas liquids). Rimrock Energy Partners was founded in 2015 and is based in Oklahoma City, Oklahoma. |
Buy | $325M |
| Category | Company |
|---|---|
| Founded | 1931 |
| Sector | Utilities |
| Employees | 11,122 |
| Revenue | 5.1B USD (2024) |
Southwest Gas is a provider of natural gas service to customers in Arizona, California, and Nevada. Southwest Gas was founded in 1931 and is based in Las Vegas, Nevada.
| Deal Context for Seller | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Utilities | 1 of 1 |
| Type: Divestiture | 1 of 1 |
| State: Nevada | 1 of 1 |
| Country: United States | 1 of 1 |
| Year: 2022 | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2003-10-20 |
Black Mountain Gas Co.
Cave Creek, Arizona, United States Black Mountain Gas Co. a natural gas distribution company. |
Buy | $25M |
