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American Midstream Partners LP closes acquisition of blackwater midstream

Tuesday, 17 Dec 2013 05:09pm EST 

American Midstream Partners LP:Completes the acquisition of Blackwater Midstream Holdings, LLC from an affiliate of ArcLight Capital Partners LLC.Says acquisition is expected to be immediately accretive to American Midstream`s current distribution and creates a strong and competitive position in a segment of the midstream industry that is characterized by fee-based contracts that are not directly subject to commodity price volatility. 

Company Quote

0.94 +3.14%
16 Sep 2014