Enterprise completes acquisition of piÑon midstream

Houston--(business wire)--enterprise products partners l.p. (nyse: epd) (“enterprise”) today announced that the company has completed its previously announced acquisition of piÑon midstream, llc (“piÑon midstream”), formerly a portfolio company of black bay energy capital. enterprise purchased piÑon midstream for $950 million in cash consideration as part of a debt-free transaction. the acquired assets, which include natural gas gathering and treating services, expand enterprise's footprint in.
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