Crestwood announces divestiture of marcellus assets

Houston--(business wire)--crestwood equity partners lp (nyse: ceqp) (“crestwood”) today announced the divestiture of its marcellus natural gas gathering and compression assets to antero midstream corporation (nyse: am), for $205 million in cash, representing a multiple of over 7 times 2023e adjusted ebitda, subject to customary adjustments. these assets located in doddridge county and harrison county, west virginia, comprise a legacy gas system that was acquired in 2012 and was impacted in rece
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