Enable Midstream Partners acquires Align Midstream, LLC for $300 million
Clients Enable Midstream Partners, LP
Jones Day advised Enable Midstream Partners, LP, an owner, operator, and developer of strategically located natural gas and crude oil infrastructure assets, in connection with its $300 million acquisition of Align Midstream, LLC from Tailwater Capital. Align Midstream, LLC operates 190 miles of natural gas gathering pipelines in Texas and Louisiana, as well as a cryogenic natural gas processing plant located in Panola, Texas. This strategic acquisition extends Enable's footprint in the Ark-La-Tex Basin.
In addition to Energy and M&A representation, Jones Day provided employee benefits advice regarding this transaction.