News
28 March 2023

Energy Transfer to buy Lotus Midstream Operations

In:
Oil & gas
Region:
Americas

Energy Transfer (ET) has entered into a definitive agreement to acquire Lotus Midstream Operations from an affiliate of EnCap Flatrock Midstream (EFM). The $1.45 billion transaction comprises $900 million in cash and 44.5 million newly issued Energy Transfer common units. Lotus Midstream owns...

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