Energy Transfer to buy Texas gas pipeline owner Vaquero for $2.625B
Energy Transfer LP signed a definitive agreement on October 6 to acquire Vaquero Midstream LLC in a deal valued at $2.625 billion. Vaquero owns natural gas pipeline infrastructure in Texas.
Why it matters: It is the second multibillion-dollar Texas gas midstream deal of the day, underscoring how hard pipeline operators are competing for Permian-area gas infrastructure.
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